Coinbase Launches Wrapped Bitcoin As BlackRock Declares Bitcoin A Hedge Against Global Uncertainty

Coinbase has introduced Wrapped Bitcoin (cbBTC), a new token backed 1:1 by Bitcoin, now available on Ethereum and Base blockchains. This move is aimed at improving financial efficiency across multiple blockchain ecosystems. 🚨 BREAKING: COINBASE OFFICIALLY LAUNCHES WRAPPED #BITCOIN (CBBTC) Coinbase has introduced its Wrapped Bitcoin (cbBTC) token, backed 1:1