Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk: Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral  —  The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.

Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral  —  The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.