About TzBTC
Launched in April 2020, tzBTC is a token on the Tezos blockchain that is backed 1:1 by Bitcoin. This initiative was spearheaded by the Bitcoin Association Switzerland, aiming to merge Bitcoin's liquidity and stability with Tezos' advanced smart contract capabilities. The collaboration involved multiple Swiss crypto firms, including Swiss Crypto Tokens, Inacta, Taurus, and LEXR, who serve as Keyholders, and Bitcoin Suisse, Sygnum, Woorton, and Bity, acting as Gatekeepers. (tezos.foundation)





