21Shares launches wrapped Bitcoin 21BTC on Ethereum amid WBTC challenges – CryptoSlate

Swiss-based crypto investment firm, 21Shares, has introduced a new product called wrapped Bitcoin 21BTC on the Ethereum blockchain. This move comes amidst challenges faced by Wrapped Bitcoin (WBTC), a similar product. The launch of 21BTC aims to provide investors with a secure and efficient way to access Bitcoin on the Ethereum network. This development highlights the growing popularity of wrapped assets in the crypto space.