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BitGo Founder: On-chain proof of reserves shows WBTC is backed by a 1:1 Bitcoin reserve

2022-11-26 10:21:10

ChainCatcher news, BitGo founder Mike Belshe tweeted that the on-chain reserve proof shows WBTC is backed by a 1:1 Bitcoin reserve, and the reserves are held independently. WBTC is jointly initiated by Kyber Network, Ren, and BitGo. (source link)

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Related tags
BitGo Ren Kyber WBTC
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