BitGo-Minted WBTC Goes Live on Hedera to Bring Institutional Bitcoin Liquidity

Overview

• WBTC is now fully tradable on Hedera following a launch supported by BitGo, BiT Global, and LayerZero.
• Hedera becomes only the second chain after Ethereum to host a canonical BitGo‑minted WBTC rather than a bridged version.
• BitGo serves as custodian and minting authority, backing each WBTC 1:1 with Bitcoin under an audited model.
• LayerZero infrastructure, with support from Stargate Finance and SaucerSwap, enables cross‑chain interoperability for WBTC liquidity.
• Reported scale points to roughly $13 billion in market value, custody of more than 126,000 BTC, and typical daily volumes between $400 million and $550 million, which Hedera positions for BTCFi on a low‑fee network with reduced frontrunning and MEV risk.