Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which have migrated over the past 30 days. More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance protocols on the Ethereum network. That’s equivalent to the entire total value locked, or TVL, in DeFi less than four months ago. According to DeFi Pulse, roughly 98,300 BTC (worth $1.05 billion) has been tokenized using protocols other than Blockstream’s Lightning Network — equating to more than 12% of the DeFi’s sector’s $8.57 billion…
Read MoreMore than $1B in Bitcoin has been tokenized for DeFi
