Coinbase’s Tokenized Bitcoin cbBTC Hits $100 Million Market Cap Within a Day

Nasdaq-listed cryptocurrency exchange Coinbase has recently unveiled a tokenized version of Bitcoin on Ethereum and its Layer-2 network Base, cbBTC, which has seen its total market capitalization surge to over $100 million shortly after launch. According to data from Dune Analytics, first reported on by Crypto Briefing, cbBTC’s market capitalization is above the $100 million […] source: https://www.cryptoglobe.com/latest/2024/09/coinbases-tokenized-bitcoin-cbbtc-hits-100-million-market-cap-within-a-day/