Lykke will create a single global marketplace, where any sort of financial instrument can be traded and settled peer to peer with second-by-second interest payments. Unlike the structure of prevailing markets, ours will be a level playing field to which anyone with an Internet connection can have access.
Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.