Express

Three Arrows Capital Completes The Single Largest Mint Of New Wrapped Bitcoin

Emily Mason

Summary: Three Arrows Capital completed the single largest mint of new wrapped Bitcoin by any merchant on Thursday, September 24. The firm minted 2,316 WBTC through BitGo representing 3% of the current wrapped Bitcoin supply which currently stands at 81,000. Demand for tokenized Bitcoin on Ethereum has been steadily building for months and shows little sign ...

Three Arrows Capital completed the single largest mint of new wrapped Bitcoin by any merchant on Thursday, September 24.

The firm minted 2,316 WBTC through BitGo representing 3% of the current wrapped Bitcoin supply which currently stands at 81,000. Demand for tokenized Bitcoin on Ethereum has been steadily building for months and shows little sign of slowing.

The total supply of wrapped Bitcoin has grown by over 13,000% since January, Dune Analytics data shows.

By Emily Mason

Last Update:

Tags: ,,,
Link: Three Arrows Capital Completes The Single Largest Mint Of New Wrapped Bitcoin   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 24 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 27 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025
  • You need to login to comment.