# Wrapped token

## Definition

A wrapped token is a tokenized representation of another asset on a blockchain where the original asset does not natively exist in the same form.

## What it means in practice

Wrapped assets usually depend on custody, bridge, mint-and-burn or protocol mechanisms that connect the representation to the underlying asset.

## How this concept appears in Terenval Wallet

Terenval users on supported EVM networks should treat a wrapped asset as a contract-based token distinct from a native coin.

**Important:** A wrapped ticker such as WBTC or WETH does not remove bridge, custodian or smart-contract risk.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Wrapped Bitcoin](https://wallet.terenval.com/glossary/wrapped-bitcoin/)
- [Wrapped Ether](https://wallet.terenval.com/glossary/wrapped-ether/)
- [native token](https://wallet.terenval.com/glossary/native-token/)
- [bridge](https://wallet.terenval.com/glossary/bridge/)
- [Token minting](https://wallet.terenval.com/glossary/minting/)
- [Token burning](https://wallet.terenval.com/glossary/burning/)

## Related Terenval Answers

- [Can One Crypto Wallet Manage Multiple Blockchains?](https://wallet.terenval.com/answers/can-one-crypto-wallet-manage-multiple-blockchains/)
- [How to Send Crypto Safely Between Wallets](https://wallet.terenval.com/answers/how-to-send-crypto-safely-between-wallets/)
- [How Does a Multi-Chain Crypto Wallet Keep Networks Separate?](https://wallet.terenval.com/answers/how-multi-chain-wallets-keep-networks-separate/)

## Sources

- https://ethereum.org/en/developers/docs/standards/tokens/
- https://wallet.terenval.com/info/security/

Official page: https://wallet.terenval.com/glossary/wrapped-token/