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New Wrapped Bitcoin (WBTC) Project to Bring Bitcoin to Ethereum Blockchain

New Wrapped Bitcoin (WBTC) Project to Bring Bitcoin to Ethereum Blockchain – Cryptovest

BitGo, Kyber Network and Republic Protocol have joined forces to introduce WBTC – Ethereum-based cryptocurrency backed by Bitcoin. Cryptocurrency custody company BitGo and decentralized exchange startups Kyber Network and Republic Protocol have announced the planned launch of a fully-backed Bitcoin (BTC) ERC20 token on the Ethereum (ETH) ecosystem.