PANews reported on August 11 that Jupiter co-founder meow posted on the X platform that "when we founded WBTC a few years ago, we worked with Bitgo because we believed that it was critical to have a partner who was as committed to custody as possible to custody Bitcoin. But the most important thing is that under no circumstances should the Bitcoin behind WBTC be used for any purpose. I am not going to make any judgments about Bitgo, they have indeed been an excellent custodian so far, and I believe they have the best intentions". For WBTC, the entire DeFi ecosystem, and BitGo/BiT Global, it is crucial to clarify a few things immediately:

1) Who are the multi-signers holding BTC?

2) Will BTC be used for any purpose?

3) What is the benefit to either party? Is it TRON adopting WBTC? If so, then there is certainly no need to get the whole setup.

4) How does cross-jurisdiction help?

5) Is it possible to have a very respected independent party join the multi-signature group and act as both a communicator and a signer?

Earlier news, BitGo and BiT Global have partnered to create a joint venture to diversify WBTC's custody and cold storage businesses across multiple jurisdictions, and BitGo will become a minority shareholder in the new joint venture.