Fractal Bitcoin has announced the launch of wFB (Wrapped FB), an Ethereum-based asset backed 1:1 by FB assets on the Fractal mainnet, with reserves fully and publicly verifiable on-chain. An initial 2.1 million FB will be locked up and minted as wFB, funded by Fractal's 8.4 million FB pledged for cross-chain ecosystem development. The remaining FB will be processed in phases, with pre-announcement and execution transparently on-chain.
"wFB isn't just about expanding Facebook's use cases; it's about building lasting connections across ecosystems," said Lorenzo, a core contributor to Fractal and founder of UniSat Wallet. "As we build a framework for community growth, we're combining the security of Bitcoin with the flexibility of Ethereum to make Bitcoin's value more accessible and practical."
