Record WBTC Mint Completed by Three Arrows Capital as Demand for Bitcoin on Ethereum Continues to Grow
The Singapore-based firm minted 2,316 WBTC Thursday afternoon.
- The Singapore-based firm’s mint represents nearly 3% of the current wrapped bitcoin supply, just over 81,000 at last check.
- One week ago, Alameda Research set the previous record for most tokens issued in a single mint with 1,999 WBTC issued.
- Since January, the total supply of wrapped bitcoin has grown by over 13,000% from less than 600 WBTC, according to data from Dune Analytics.
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