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- Circle Is Entering the Wrapped BTC Game
Circle Is Entering the Wrapped BTC Game
PLUS: Tokenized Equities Are Going Onchain
Welcome back to The Warmup.
Happy Friday! Just a reminder: the rainbow chart is still alive and screaming BUY.
Here’s what we’re watching:
Market Snapshot
Circle Is Entering the Wrapped BTC Game
Tokenized Equities Are Going Onchain
Market: Mixed. BTC and ETH down, SOL strong, equities steady, gold pulling back.
Circle Is Entering the Wrapped BTC Game
What’s going on:
Circle just announced cirBTC, its own wrapped bitcoin product backed 1:1 by BTC and built for institutional use.
The token will launch on Ethereum and Circle’s new Layer 1, Arc, integrating directly with its existing infrastructure like Circle Mint.
The pitch is clear: a more “neutral” and secure alternative to existing options like Wrapped Bitcoin, especially as concerns have grown around some current players.
What it means:
This is Circle expanding beyond stablecoins into tokenized BTC infrastructure.
If institutions adopt cirBTC, it could become a major liquidity layer across DeFi, lending, and trading.
Another step toward everything becoming tokenized, not just dollars, but Bitcoin too.
Tokenized Equities Are Going Onchain
What’s going on:
Securitize is working with the New York Stock Exchange to bring equities onchain, and this time it’s happening within regulated markets.
Led by Carlos Domingo, the goal is to tokenize public stocks to make trading faster, cheaper, and globally accessible.
They’re starting with equities since they’re liquid and easier to integrate, using Avalanche for infrastructure.
What it means:
This is real adoption, not just narrative.
If successful, tokenized equities could enable 24/7 trading and faster settlement, bringing blockchain directly into traditional finance.
The gap between crypto and TradFi is starting to close.
Will institutions adopt cirBTC? |
ETFs made Bitcoin as easy to buy as using the internet, bringing millions of new people into the market.
Most investors don’t care about self-custody, they just want simple exposure through platforms they already use.
This creates an “ETF multiplier effect,” where more exposure leads people to learn about Bitcoin and eventually buy the real thing.
If trust in the traditional system breaks, Bitcoin could see massive demand all at once as people look for a better alternative.
— The Warmup Team
Always do your own research. This newsletter is supplemental material to help educate readers as they make their own decisions. Projects mentioned here are provided to give a potential early-mover advantage.