The partnership between KAVA 🤝 and #BitGo Trust Company has enabled @KAVA_CHAIN to rise 📈 to the 4th place in the issuance of native Wrapped Bitcoin (WBTC) on-chain. 
This partnership utilizes BitGo’s trusted custody services 💼 to provide traditional Bitcoin (#BTC) 💰 liquidity to projects within the Kava ecosystem. As a result, Kava Chain has become the third elite Layer 1 network 🌐 to have both native USDT and #wBTC integration, following #Ethereum and #Tron.

This development is important for the Kava ecosystem because:

Liquidity Increase: The integration of WBTC on Kava creates additional liquidity 💧 in decentralized exchanges (DEXs) and all decentralized applications (dApps).
Accessibility: Users can now transact with WBTC within the Kava ecosystem, which expands the use of #Bitcoin in #DeFi 🚀.
Security: The role of @BitGo Trust Company as a custodian ensures the safekeeping 🔒 of assets.

This partnership helps #KAVA achieve a more competitive position in the #blockchain space and reach a broader user base in the #cryptocurrency market. 🌍
#BitGo #BTC