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Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1B: Here's Why

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Published: 28 Sept 2020 › Updated: 28 Sept 2020Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1B: Here's Why

Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1B: Here's Why


To the surprise of many, bitcoin (BTC) has been a breakout star in Ethereum’s decentralized finance (DeFi) moment. Taking the form of wrapped or tokenized bitcoin, the digital asset takes the best of both blockchains – bitcoin’s price value and brand along with Ethereum’s programmability – into one highly in-demand token.

Read more @ https://www.coindesk.com/tokenized-bitcoin-wrapped-bitcoin-on-ethereum

#blockchain #cryptocurrency #crypto #decentralization #decentralize
#supply #tokenizedbitcoin #tokenized #bitcoin #ethereum


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