{"id":30124,"date":"2020-10-15T10:45:42","date_gmt":"2020-10-15T07:45:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30124"},"modified":"2025-08-27T20:41:00","modified_gmt":"2025-08-27T17:41:00","slug":"coinlist-issues-a-record-wbtc-batch-worth-57-1-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coinlist-issues-a-record-wbtc-batch-worth-57-1-million\/","title":{"rendered":"CoinList issues a record WBTC batch worth $57.1 million"},"content":{"rendered":"<p>The token-sale platform CoinList updated the daily issuance record for the Bitcoin-backed token Wrapped Bitcoin (WBTC). The company released 4,997 WBTC worth $57.1 million.<!--more--><\/p>\n<p>On Wednesday, October 14, CoinList also executed the largest transaction \u2014 3,697 WBTC.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The latest, largest mint ever: <a href=\"https:\/\/twitter.com\/CoinList?ref_src=twsrc%5Etfw\">@CoinList<\/a> with ~3700 BTCs!<a href=\"https:\/\/t.co\/FGmeseAU5y\">https:\/\/t.co\/FGmeseAU5y<\/a> <a href=\"https:\/\/t.co\/5XAi9GUhgK\">https:\/\/t.co\/5XAi9GUhgK<\/a><\/p>\n<p>\u2014 WBTC (@WrappedBTC) <a href=\"https:\/\/twitter.com\/WrappedBTC\/status\/1316419803821735937?ref_src=twsrc%5Etfw\">October 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>CoinList&#8217;s head of financial products, Matthew Duval, told CoinDesk that the company sees more balanced demand for the Bitcoin-backed token.<\/p>\n<p>According to the BTC on Ethereum service, the total value of WBTC reached nearly $1.2 billion. Behind it by a large margin followed renBTC ($307.5 million), HBTC ($68.6 million) and sBTC ($27.8 million).<\/p>\n<p>The combined market capitalization of Ethereum tokens pegged to Bitcoin stands at $1.63 billion.<\/p>\n<div id=\"attachment_113329\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-113329\" class=\"wp-image-113329 size-full\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-321.png\" alt=\"CoinList issues a record WBTC batch worth $57.1 million\" width=\"1270\" height=\"544\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/2-321.png 1270w, https:\/\/forklog.com\/wp-content\/uploads\/2-321-300x129.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/2-321-1024x439.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/2-321-768x329.png 768w\" sizes=\"auto, (max-width: 1270px) 100vw, 1270px\" \/><\/p>\n<p id=\"caption-attachment-113329\" class=\"wp-caption-text\">Data: <a href=\"https:\/\/btconethereum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">BTC on Ethereum<\/a>.<\/p>\n<\/div>\n<p>In this market segment, WBTC accounts for 72.8%. RenBTC 19.6%, HBTC 4.24% in third place.<\/p>\n<div id=\"attachment_113330\" style=\"width: 624px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-113330\" class=\"wp-image-113330 size-full\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/3-189.png\" alt=\"CoinList issues a record WBTC batch worth $57.1 million\" width=\"614\" height=\"288\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/3-189.png 614w, https:\/\/forklog.com\/wp-content\/uploads\/3-189-300x141.png 300w\" sizes=\"auto, (max-width) 614px\" \/><\/p>\n<p id=\"caption-attachment-113330\" class=\"wp-caption-text\">Market share of \u201cBitcoin on Ethereum\u201d by <a href=\"https:\/\/explore.duneanalytics.com\/public\/dashboards\/ffM8FLsAcRYLcGc0JdaoU6oLOk8ThGXZ9cJ1XKJn\" target=\"_blank\" rel=\"noopener noreferrer\">Dune Analytics<\/a>.<\/p>\n<\/div>\n<p>Earlier on 24 September, the crypto fund Three Arrows Capital <a href=\"https:\/\/forklog.com\/en\/news\/two-record-wbtc-mints-in-24-hours-hit-the-yield-farming-market\">executed<\/a> an issuance of 2316 WBTC. Alameda Research, the parent company of the FTX exchange, issued a total of 4093.36 WBTC, setting a new record.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CoinList token-sale platform updated the daily issuance record for the Bitcoin-backed token Wrapped Bitcoin (WBTC). The company released 4,997 WBTC worth $57.1 million.<\/p>\n","protected":false},"author":1,"featured_media":30125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1854,1655],"class_list":["post-30124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinlist","tag-wrapped-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=30124"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30124\/revisions"}],"predecessor-version":[{"id":30126,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30124\/revisions\/30126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/30125"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=30124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=30124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=30124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}