Coinbase is introducing wrapped Bitcoin to Solana, providing flexibility and capital efficiency for users.

From Cointelegraph.com

September 21, 2024 3:10:57 pm:

Wrapped Bitcoin products give users the ability to maintain control of their assets while using Bitcoin as collateral for decentralized finance apps. This innovation bridges the gap between Bitcoin and DeFi, offering greater flexibility and capital efficiency for users. Wrapping Bitcoin opens up new possibilities for investors in the evolving DeFi space.

Read more at Cointelegraph: Coinbase’s cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024