The wWBTC (WWBTC) is a digital asset developed by Bender Labs, a team of entrepreneurs, engineers, and former executives focused on revolutionizing finance through the development of an open financial system on public blockchains. With their vast experience and track record in the cryptocurrency space, the team aims to lead a change of paradigm for finance.
At the core of their project is the $WRAP protocol, a decentralized bridge that connects Ethereum and Tezos blockchains. This protocol enables users to transfer their ERC20 and ERC721 tokens from Ethereum to Tezos, effectively bridging these two ecosystems. By providing seamless interoperability, wWBTC offers users increased flexibility and accessibility in managing their digital assets.
Bender Labs is committed to continuous improvement and development. Currently, they offer the Wrap Now service for token transfers, while also promising forthcoming developments. Subscribing to their newsletter ensures users stay updated on the latest advancements in the project. By building an open financial system, Bender Labs aims to empower individuals and create new opportunities within the crypto space.