According to market news, Coinbase will be delisting WBTC. Previously reported, on October 10, WBTC has completed the transition to a geographically distributed custody structure. According to a partnership agreement between BitGo and BiT Global, control of the underlying bitcoin will now be shared between Singapore, Hong Kong, and the United States. The new custody structure uses a multi-signature agreement, requiring two signatures to approve any transaction and transfer funds from the wallet.