Kraken Launches Kraken Wrapped Bitcoin (kBTC) for Cross-Network Compatibility

Kraken Launches Kraken Wrapped Bitcoin (kBTC) for Cross-Network Compatibility In a significant advancement for the cryptocurrency ecosystem, Kraken Exchange has announced the launch of Kraken Wrapped Bitcoin (kBTC). According to Kraken’s official blog post on October 17, 2024, kBTC is a fully backed, cross-network-compatible ERC-20 token, pegged 1:1 with Bitcoin held in Kraken’s custody. This

Source: Bitcoin World