Wrapped Bitcoin Launches on Hedera With BitGo Support, Expanding DeFi Access

Wrapped Bitcoin Launches on Hedera With BitGo Support, Expanding DeFi Access
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Hedera confirmed the launch of Wrapped Bitcoin (WBTC) on its network, supported by custodian BitGo, enabling BTC holders to access Hedera-based DeFi without selling their assets. The announcement was released through Hedera’s official update, highlighting growing demand for cross-chain liquidity solutions.

The integration brings a 1:1 bitcoin-backed asset to Hedera’s smart-contract layer, giving traders, protocols, and institutional users a direct path to lending, trading, and liquidity tools. The move is expected to boost liquidity across the Hedera ecosystem, which has been expanding through enterprise partners and low-fee infrastructure. Developers indicated that the rollout uses cross-chain connectivity based on BitGo’s established WBTC model, reinforcing secure minting flows.

Hedera stated that minting and redemption processes will follow standard WBTC custody rules, with technical documentation and integration guidelines to be published in the coming days. Additional DeFi protocols are expected to enable WBTC trading and liquidity pairs shortly, further strengthening Hedera’s multi-asset strategy.

Source:https://www.prnewswire.com/news-releases/wbtc-launches-on-hedera-unlocking-new-btcfi-opportunities-for-bitcoin-holders-302614558.html


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