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Coinbase’s Tokenized Bitcoin cbBTC Hits $100 Million Market Cap Within a Day

Coinbase’s Tokenized Bitcoin cbBTC Hits $100 Million Market Cap Within a Day


CryptoGlobe
2024-09-14 01:10:00

Nasdaq-listed cryptocurrency exchange Coinbase has recently unveiled a tokenized version of Bitcoin on Ethereum and its Layer-2 network Base, cbBTC, which has seen its total market capitalization surge to over $100 million shortly after launch. According to data from Dune Analytics, first reported on by Crypto Briefing, cbBTC’s market capitalization is above the $100 million


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