Description
Wrapped is a decentralized platform enabling the use of various assets on the Ethereum blockchain by 'wrapping' them, ensuring they are backed by a qualified custodian for security and trust. The service, developed in collaboration with Tokensoft Inc., Anchorage, CMS Holdings, and other leading custodians and financial institutions, supports seamless interactions with Ethereum applications through a unified interface. Key features include the ability to lend, borrow, and trade wrapped assets with full collateralization and a 1:1 equivalence with original assets. Tokensoft provides the technological infrastructure to wrap multiple cryptocurrencies, including Wrapped USDC (xUSD), Wrapped Bitcoin (xBTC), and Wrapped XRP (wXRP), facilitating interoperability across different blockchain networks and enhancing functionality within the Ethereum ecosystem.
Wrapped is a decentralized platform enabling the use of various assets on the Ethereum blockchain by 'wrapping' them, ensuring they are backed by a qualified custodian for security and trust. The service, developed in collaboration with Tokensoft Inc., Anchorage, CMS Holdings, and other leading custodians and financial institutions, supports seamless interactions with Ethereum applications through a unified interface. Key features include the ability to lend, borrow, and trade wrapped assets with full collateralization and a 1:1 equivalence with original assets. Tokensoft provides the technological infrastructure to wrap multiple cryptocurrencies, including Wrapped USDC (xUSD), Wrapped Bitcoin (xBTC), and Wrapped XRP (wXRP), facilitating interoperability across different blockchain networks and enhancing functionality within the Ethereum ecosystem.
