Cryptocurrency Q&A Who custodies Wrapped Bitcoin?

Who custodies Wrapped Bitcoin?

TaekwondoPower TaekwondoPower Mon Dec 23 2024 | 6 answers 1711
I'm trying to understand who exactly holds the custody of Wrapped Bitcoin. Is it the exchanges, the issuer, or the users themselves? I need clarity on this. Who custodies Wrapped Bitcoin?

6 answers

Giulia Giulia Wed Dec 25 2024
BiT Global, the entity responsible for the custody of WBTC, has expressed its discontent regarding the recent delisting event.

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CryptoTitan CryptoTitan Wed Dec 25 2024
The organization believes that the decision to delist WBTC was a strategic maneuver by Coinbase.

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DaeguDivaDanceQueen DaeguDivaDanceQueen Wed Dec 25 2024
According to BiT Global, Coinbase aims to promote its own wrapped Bitcoin product, cbBTC, through this action.

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Lucia Lucia Tue Dec 24 2024
This perspective suggests a potential conflict of interest and bias on Coinbase's platform.

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Michele Michele Tue Dec 24 2024
BTCC, a prominent cryptocurrency exchange, offers a wide range of services in the digital asset space.

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