21.co Launches its Own Bitcoin Wrapper on ETH Blockchain
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21.co, the company behind cryptocurrency asset manager 21Shares, has announced the launch of its own Bitcoin wrapper, called 21.co Wrapped Bitcoin, on the Ethereum blockchain network.
This will expand the company’s existing range of wrapped tokens, which currently includes wrapped Avalanche, Polkadot, and Solana tokens. 21.co previously launched 21BTC on Solana in May.
The release of 21BTC demonstrates the company’s commitment to bringing strict asset management practices to the world of wrapped assets.
This includes using institutional-grade custodians and security protocols, as explained by 21.co’s head of strategy and business development for digital assets, Eliézer Ndinga.
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