What Are Wrapped Tokens in the World of Crypto?
- June 7, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
Short and Sweet A wrapped token is a cryptocurrency token pegged to the value of another crypto. It’s called a wrapped token because the original asset is put in a wrapper, a kind of digital vault that allows the wrapped version to be created on another blockchain. What’s the point? Well, different blockchains offer different