Jupiter co-founder meow posted on X platform: "When we started the WBTC project a few years ago, we chose Bitgo as a partner because we believed that Bitcoin custody was essential. But most importantly, we had an unspoken consensus that the underlying Bitcoin should not be used under any circumstances."
meow further stated that WBTC and BitGo need to clarify the following issues:
Who exactly is part of the multi-signature holding BTC?
Will BTC be used for any purpose?
What are the benefits to either party, is it for the adoption of WBTC by Tron? If so, then there is certainly no need to obtain the entire setup.
How does cross-jurisdiction help?
Is it possible to have a very respected independent third party join the multi-signature group as both a communicator and a signer?