January 30, 2019 BY Valentina Kirilova

WBTC launched on Ethereum blockchain, fully backed by Bitcoin

WBTC (Wrapped Bitcoin) has officially launched on Ethereum as an ERC20 token fully backed by Bitcoin. The new token is a joint initiative by BitGo, Kyber Network, Ren (formerly Republic Protocol), and other community partners. Its aim is to bring Bitcoin’s liquidity to the decentralized ecosystem on Ethereum and enhance all decentralized applications (DApps). It…

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