Coinbase to launch Wrapped Bitcoin cbBTC on Solana at Breakpoint 2024

#Coinbase has announced plans to introduce its wrapped Bitcoin asset, cbBTC, to the #Solana network during the Breakpoint 2024 event. Initially launched on #Ethereum and #Base , cbBTC is backed at a 1:1 ratio with #Bitcoin held by Coinbase, with no separate trading pairs available on their platform.