TORCHES

Last updated: June 16, 2025, 22:01  |  Written by: Elizabeth Rossiello

Torches
Torches

In This Beginner

In this beginner’s guide, we’ll break down what wrapped tokens are, how they work, their use cases, and why they matter. We’ll also provide actionable insights to integrate wrapped tokens

What Are Wrapped Tokens?

Tokens 101: A beginner’s guide to understanding

What Are Wrapped Tokens

What Are Wrapped Tokens? A wrapped token is a digital asset pegged to the value of an original cryptocurrency or token, usually mirroring the price of that digital asset on a 1:1 ratio. As a rule, wrapped tokens reside on different blockchains than the underlying asset.

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Elizabeth Rossiello can be reached at [email protected].

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