
21.co BTC
Overview
Status
Mainnet
Type
Reserve
BTC Supply
₿0
21 Shares BTC is a BTC wrapped asset. It is under review.
Risk Summary
Users do not have unilateral claims on native BTC.
BTC backing this asset is secured by multiple custodians. Users trust this group with maintaining the peg with BTC.
The signers for this two-way peg have not been disclosed
The parties responsible for securing the assets backing this wrapper have not been disclosed. There is little-to-no reputational risk for signers securing these funds.
Assessment
Asset Custody
BTC backing 21.co BTC is held by third party custodians
BTC backing 21.co BTC is held by third party custodians. 21.co has not officially disclosed the identities of these custodian providers.
Source
Source
Further sections to be reviewed
Aspects related to minting & burning, key management, transaction signing, and proof-of-reserves have not been reviewed. We are currently reviewing these sections.