Three Arrows Capital just completed the single largest issuance of new wrapped bitcoin tokens by any merchant, minting 2,316 WBTC through BitGo 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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Ten largest wrapped bitcoin mints in the project's history
Source: Wrapped Bitcoin, CoinDesk Research
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