Kraken Launches kBTC: Bitcoin-Backed Token for Ethereum and OP Mainnet

TLDR: Kraken launched kBTC, a fully backed 1:1 Bitcoin ERC-20 token kBTC is compatible with Ethereum and OP Mainnet networks Reserves are held by Kraken Financial, a Wyoming-chartered SPDI On-chain verification of reserves is available for transparency Kraken plans to expand kBTC compatibility to additional networks Kraken, a leading cryptocurrency exchange, has launched a new [.

Oct 18, 2024 - 06:12
Kraken Launches kBTC: Bitcoin-Backed Token for Ethereum and OP Mainnet
BTC BitcoinTLDR: Kraken launched kBTC, a fully backed 1:1 Bitcoin ERC-20 token kBTC is compatible with Ethereum and OP Mainnet networks Reserves are held by Kraken Financial, a Wyoming-chartered SPDI On-chain verification of reserves is available for transparency Kraken plans to expand kBTC compatibility to additional networks Kraken, a leading cryptocurrency exchange, has launched a new [.

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