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tBTC is a fully Bitcoin-backed ERC-20 token pegged to the price of Bitcoin. It facilitates Bitcoin holders to act on the Ethereum blockchain and access the decentralized finance (DeFi) ecosystem. tBTC is an open-source project supported by groups including Keep, Summa and the Cross-Chain Group.
Coinbase Pro says that these new tokens will launch if certain liquidity conditions are met and there is sufficient supply.
The CEO talked about the expansion plans of Thesis, stating that the company is looking to increase its current team of around 40 across all projects.
The listing of these new tokens is a testament to Coinbase Custody’s plans to provide support for more assets for the benefit of its over 300 institutional clients.
New-York-based cryptocurrency exchange Gemini has finally decided to include support for DeFi tokens looking at the latest frenzy around DeFi coins in the market.