🚀 BitGo has adopted LayerZero's OFT standard for Wrapped Bitcoin (WBTC), enabling WBTC to work across multiple blockchains! 🌐

- WBTC will be available on Avalanche and BNB Chain, in addition to networks like Ethereum, Base, Tron, and Polygon.

- WBTC is a tokenized version of Bitcoin, enabling BTC value to be used in DeFi.

- WBTC's current market cap is $8.8 billion (according to CoinGecko).

This makes it easier for WBTC to move between chains, costing only the cost of sending omnichain messages.

BitGo has also expanded its WBTC custody operations to Hong Kong and Singapore to reduce geographic risk.

What do you think of this move? Comment below! 💬#Crypto#Blockchain#BTC#DeFi