According to Techub News, TRON founder Justin Sun tweeted that his personal participation in WBTC is purely strategic, with the goal of promoting projects dedicated to decentralization, secure protocols, and security.

Sun Yuchen pointed out that he personally does not control the private keys of WBTC reserves and cannot move any BTC reserves. Regarding the importance of WBTC, Sun Yuchen believes that it is an important part of the DeFi ecosystem and will ensure that it continues to be so. WBTC has not changed at all compared to before. The audit is conducted in real time, and the minting process is completely managed by custodians BiT Global and BitGo according to the same procedures as before.

Sun Yuchen said that there is no change in WBTC compared to before. The audit is carried out in real time, and the minting process is completely managed by custodians BiT Global and BitGo according to the same procedures as before.

Techub News previously reported that Bitgo and BiT Global are creating a joint venture to transform their WBTC business into a cross-jurisdictional and cross-institutional custody business, with a 60-day upgrade transition period.