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Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days – Altcoins Bitcoin News

Summary by Ground News
The Bitgo-backed Wrapped Bitcoin (WBTC) project has been officially in operation since the end of January 2019. At the time of writing, it is the largest operation in terms of the number of bitcoin (BTC) custodied to back the WBTC token value. The project also manages 99.89 WBTC which is hosted on the Tron blockchain network.
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Bitcoin.com broke the news in on Friday, January 20, 2023.
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