Coinbase Wrapped AssetscbBTC
Overview
What is Coinbase Wrapped Assets?
Coinbase Wrapped Assets covers the cb-tokens Coinbase issues natively, including Coinbase Wrapped BTC (cbBTC), each representing the underlying asset held in custody by Coinbase.
How does Coinbase Wrapped Assets work?
Coinbase holds the underlying asset in custody and mints the wrapped token 1:1 on the chain, so users can hold and use the asset in onchain applications.
Who governs Coinbase Wrapped Assets?
Coinbase runs a custody program for wrapped assets: it holds the native asset and mints the cb-token 1:1 on Ethereum, Base, Arbitrum and Solana.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.