Litepaper

Litepaper Introduction

The wrapped asset market remains a pivotal force within the cryptocurrency sector.

Foremost among these assets is Wrapped Bitcoin (WBTC), boasting a substantial market capitalization of $4 billion. The persistently high demand for quality wrapped Bitcoin products is apparent.

Protocols capable of efficiently providing these services on the Cardano blockchain are well-positioned to capture a considerable portion of the Wrapped Bitcoin market.

AnetaBTC V1

Our V1 protocol, which launched on June 16th, 2023, is currently the leading wrapped Bitcoin asset on Cardano, having successfully processed over 100 BTC in transactions, totaling well over $7 million of value safely through our protocol.

While we are excited by our V1 accomplishments, we are confident this only scratches the surface of what is possible.

Read the full Litepaper here.