DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’
The proposal would effectively transfer control of WBTC to Threshold.
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The proposal would effectively transfer control of WBTC to Threshold.
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week.
Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi.
