# WBTC

## One line

WBTC is a tokenized form of Bitcoin designed to be used across multiple blockchain networks within decentralized finance ecosystems.

## Segments

DeFi, Infrastructure

## What we do

WBTC provides a token backed 1:1 by Bitcoin held in custody, allowing Bitcoin holders to use their holdings on blockchain networks such as Ethereum, Solana, Tron, BNB Chain, Base, Kava, and Osmosis. Users can access WBTC through centralized and decentralized exchanges and use it in DeFi applications for borrowing, lending, yield farming, and providing liquidity. Minting and burning of WBTC is restricted to identity-verified institutions approved through DAO governance.

## Find us

- Website: https://wbtc.network
- X: https://x.com/WrappedBTC

## Recent updates

- seen: 2026-09-23 — Temporarily paused LayerZero cross-chain transfers following rsETH incident · https://wbtc.network/media-and-news
- seen: 2026-09-23 — Now listed on SparkLend, expanding borrowing opportunities · https://wbtc.network/media-and-news
- seen: 2026-09-23 — Expands to USDD as new Bitcoin collateral option on TRON · https://wbtc.network/media-and-news
- seen: 2026-09-23 — Natively supports Ethereum, Solana, Tron, BNB Chain, Base, Kava and Osmosis networks · https://wbtc.network/
- seen: 2026-09-23 — Now accepted as USDD Collateral · https://wbtc.network/media-and-news
- 2026-09-23 — TVL $10.0B · https://defillama.com/chain/WBTC

## Last updated

last_checked: 2026-09-23 (wbtc.network)

state: unclaimed

confirmed: no (drafted from the company's own public sources)

verified: no

Source: https://sindo.io/c/wbtc