Tokenized Bitcoin Surpasses 172K BTC as Utility Expands Across Chains: Coin Metrics

Over $7 billion in bitcoin is now actively working across Ethereum, Base, and Solana, not just sitting idle, fueled by the explosive growth of tokenized wrappers like WBTC and cbBTC, reveals Coin Metrics’ latest study. Report: Tokenized Bitcoin Supply Soars, Led by WBTC and Coinbase’s cbBTC Tokenized bitcoin (BTC), primarily wrapped bitcoin (WBTC) and Coinbase’s […]