LayerZero Powers WBTC’s Multi-Chain Vision: Now Live on Avalanche and BNB Chain

TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero’s Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers. Controversial restructuring: BitGo will transfer control of WBTC to a joint venture with ...... source: https://crypto-economy.com/layerzero-powers-wbtcs-multi-chain-vision-now-live-on-avalanche-and-bnb-chain/