The post Wrapped Bitcocom. Hedera Foundation, in partnership with BitGo and LayerZero, is launching WBTC to open new avenues for decentralized finance. WBTC has made it possible for BTC holders to engage in DeFi without selling their coins since 2019, with its market cap reaching $13 billion. The Hedera Foundation has confirmed the launch of WBTC on its network, enabling Bitcoin investors to explore DeFi opportunities without selling their BTC. This is meant to open a new frontier for Bitcoin (BTC) liquidity and allow it to be deployed into decentralized finance scenarios beyond its traditional “hold and wait” model. The integration of Wrapped Bitcoin on Hedera was made possible through a collaboration with Hedera Council member BitGo, a leading digital asset security and custody provider known for offering institutional-grade solutions. BitGo provides secure storage, multi-signature wallets, and compliance-ready infrastructure. The project also involved BiTGlobalTrust, a custodian and digital asset service provider specializing in bridging traditional finance standards with blockchain technology, and LayerZero, a protocol designed for secure and efficient cross-chain communication that enables assets to move safely between blockchains. LayerZero’s technology allows WBTC to bridge seamlessly into Hedera from other networks. s) in the Hedera network. James Hodgkins, Chief Growth Officer at HBAR, Inc. Thanks to the institutional-grade benefits of Hedera, BTC holders can participate in BTCFi without the fear of frontrunning or MEV, in turn enabling a best-in-class experience for these large capital allocators. This milestone is an attestation to Hedera’s DeFi evolution and that the world’s most trusted Bitcoin standard.