Bring your Crypto into the Cardano Ecosystem
Unlock the potential of your portfolio within Cardano dapps and integrations
Wrapped tokens exist on Cardano allowing them to be used by other products on the same chain. Decentralized exchanges, atomic swaps, lending, games, marketplaces, and products as yet to be imagined can make use of these assets.
Cardano has low, fixed transaction fees. The cost to transact in some assets in their native environments can be both high and unpredictable compared to moving wrapped assets.
Cardano processes and confirms transactions quickly. Users can therefore move wrapped representations of BTC, gold, ETH, and other supported assets faster on Cardano then they could in their native environment.
We intend to deploy wrapped versions of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Uniswap (UNI), and Polkadot (DOT) to the Cardano blockchain during our first year of operation.
The catalog will expand to other popular assets including those that exist in the physical space.
As a consequence of lack of regulatory clarity in our home country (USA), WrapAssets is shelving the project indefinitely. We want to thank the community for their support as we explored this concept. We will be around in other Cardano ecosystem projects.