Coinbase may invest $100 Million on Wrapped BTC, cbBTC price Prediction 2025

Even though recently the price prediction of Bitcoin was up to $100k, cbBTC (Wrapped BTC) is a big investment opportunity for everyone. Recently, Coinbase has created its own Wrapped BTC (cbBTC) whose price could be more than $100k by 2025. It is being said that currently Coinbase and Bitcoin ETF are making their biggest investment in a Wrapped BTC (cbBTC) due to which in the future even top investors can invest in cbBTC. Because for now the total and circulating supply of cbBTC is approximately 2,685 cbBTC, which is now worth around $170M+ USD. Currently, Coinbase Investors believe that while the price of Bitcoin will hover around $100K, the price of cbBTC may rise to almost $270K in the next few months. Because recently Coinbase now wants cbBTC to become one of its top currencies. Because of the limited supply of cbBTC, if Coinbase invests even $1B+ in its upcoming projects, it is possible that the price of cbBTC may skyrocket.

Why is Coinbase investing in cbBTC or Coinbase Wrapped BTC?

Coinbase is pioneering a new era with DeFi with cbBTC to begin its own P2P, Banking, Taxes, and Bitcoin Custody services to limit Wrapped Bitcoin Supply in small versions and offer various services to Coinbase Investors. Coinbase started cbBTC to hold custody by Coinbase to make new institutions services like Coinbase Wrapped BTC (cbBTC) ETF to open a new investment platform. Coinbase created Coinbase Wrapped Bitcoin ‘cbBTC‘ to predict the price of Bitcoin in the future along with the low transaction fee, on-chain, and wallet features of BTC/cbBTC due to cbBTC. All cbBTC has been created specifically for Bitcoin/cbBTC to help make Coinbase’s money in cbBTC safe, faster, cheaper access, secure, and seamless due to the volatile price of Bitcoin in the future. Recently, it has been reported that cbBTC may get a big investment from Solana, Ethereum, and many more Multi-Chains. Coinbase’s cbBTC which is fully backed by Bitcoin and held in Custody to improve P2P, Banking, programmable a new Wrapped Bitcoin of coin base like Ethereum Layer 2 and unlock new opportunities for the Coinbase users, and add new institutions under Coinbase Authority. Currently, Coinbase has created cbBTC so that its security, stability, and deep liquidity can protect Coinbase from any kind of financial, banking, and crypto market crash in the future. However, cbBTC is mostly used on the Base and Ethereum networks.

Well, many apps support CBBTC like all these, to allow cbBTC to improve the Bitcoin block and Liquidity pool, CEX, and Future projects of Coinbase. Defi, DEX and web3 apps will support cbBTC. Ways to cbBTC acts as a bridge between Bitcoin and other blockchain ecosystems, acting like ordinals and runestones on Bitcoin and Ethereum-supported blocks.

DEX – Airport, Curve, Matcha, Uniswap

Lending Apps: Aave, Compound, Morpho, Moonwell, Spark

Yield Vaults: Madhur, Veda

xChain Swaps: DeBridge, DeFininitive

Oracle: Chronicle Labs

Risk Curators: Block Analytica, Gauntlet, Steakhouse, Re7

RWA: Maple

BTC Fee Hedging: Alkimia