Project basic information

Issue Time:2019-1-31

Total Supply: 21,000,000


White paper:


Block Explorer:

Project Introduction

Wrapped Bitcoin (WBTC) is an ERC20 token linked to Bitcoin, which was officially launched on January 30, 2019, Pacific Time. WBTC is jointly launched by blockchain projects such as BitGo, Kyber Network and Ren (formerly Republic Protocol). The token is issued on Ethereum and is 1:1 tied to Bitcoin. All issued WBTC will be supported by Bitcoin. Each bitcoin stored by the custodian can correspond to the total number of WBTC issued and can be verified on the chain. Only with the merchant's approval can the custodian mint WBTC, and the WBTC will be destroyed when the holder converts the WBTC into Bitcoin.

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