Tokenized Bitcoin hits 172K BTC! 📈 WBTC & cbBTC extend utility beyond Bitcoin, driving DeFi & cross-chain use. New @coinmetrics report shows major growth. 🔄

• 172K BTC now tokenized (5x since '23), according to Coin Metrics.

• $7 billion locked in DeFi lending (WBTC/cbBTC).

• cbBTC gains share, leads activity on Base.