BitGo's Wrapped Bitcoin (WBTC) will be tokenized on Tron (TRON) ecosystem

BitGo's wrapped Bitcoin (WBTC) will be wrapped again as a TRC-20 token on the Tron (TRON) blockchain.

BitGo's Wrapped Bitcoin (WBTC) will be tokenized on Tron (TRON) ecosystem

BitGo, an institutional custodian who provides security, custody and trading services for many crypto exchanges, will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token. One WBTC on the Tron blockchain will equal 1 BTC on the Bitcoin blockchain. Justin Sun, Tron's founder, explains the partnership, “Everyone may now use their BTC/ETH to enjoy all the benefits of the Tron defi ecosystem without the high gas fees on Ethereum.”

iHodl (Sept 24, 2020)