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What are Wrapped Tokens? (Explained with Animations)Wrapped cryptocurrencies enable crypto assets to be used on blockchains to which they are not native. This interoperability hack has brought bitcoin (BTC) and. Wrapped tokens are assets that allow the value of a native asset from one blockchain to transfer to another blockchain. One of the best-known. Wrapped crypto tokens are cryptocurrencies pegged to the value of another original crypto or assets like gold, stocks, shares, and real estate and put to work.