Gemini Is Working on Bringing FIL to Ethereum with Wrapped Filecoin

The Gemini cryptocurrency exchange says it is working on a solution for bringing Filecoin’s Filecoin FIL, -4.19% to the Ethereum ETH, -0.63% network. Gemini users will be able to convert their FIL holdings on the exchange to wFIL, or Wrapped Filecoin. The exchange will also provide a way for holders to transparently verify that all wFIL tokens are backed 1:1 with mainnet FIL. Gemini is inviting Ethereum developers who are interested in the project to contact the exchange.

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