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President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase's (COIN) wrapped bitcoin, cbBTC, for rival WBTC.Wrapped bitcoin is a form of the world's largest cryptocurrency that can be used indecentralized finance(DeFi) on blockchains other than Bitcoin.Coinbaseintroduced cbBTCin September, and in November said it would delist WBTC, citing its listing standards.
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