Fractal Bitcoin launches Ethereum-based wFB
ChainCatcher reported that Fractal Bitcoin has announced the launch of wFB (Wrapped FB) based on Ethereum. This asset is backed 1:1 by FB assets on the Fractal mainnet, with reserves that can be fully publicly verified on-chain. The first batch will see 2.1 million FB locked and minted as wFB, with funds sourced from the 8.4 million FB that Fractal has committed to cross-chain ecosystem development. The remaining portion will be handled in phases and will be announced and executed transparently on-chain in advance. "wFB not only expands the application scenarios of FB, but is also committed to building lasting connections between ecosystems," said Lorenzo, core contributor of Fractal and founder of UniSat Wallet. "In the process of building a framework for community co-growth, we combine the security of Bitcoin with the flexibility of Ethereum, making the value of Bitcoin more accessible and practical."
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