21.co Wrapped Tokens represent a comprehensive suite of on-chain technology products spanning various EVM and non-EVM based networks, each supported by its respective underlying assets (1:1). The underlying for the 21.co Wrapped Tokens are held at independent institutional-grade custodians. For example, a single 21BTC is fully backed 1:1 with 1 Bitcoin. The minting and burning of these tokens are streamlined through Onyx, 21.co's proprietary operating system, providing a user-friendly and secure gateway to cross-chain liquidity.