You are viewing the FCA Handbook Glossary as it appeared on 25/10/2027.

wrapped token

a qualifying cryptoasset (‘A’) which:

  1. (a) relates to an underlying qualifying cryptoasset (‘B’), where B is minted on a blockchain other than one on which A is used (‘C’); and
  2. (b) is created specifically for the purpose of enabling B to be used on C.
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25/10/2027