Kraken Wrapped Bitcoin (kBTC) is currently priced at $64,217.75 USD. The price has decreased 0.01% in the last 24 hours. It has a market capitalization of $422,645,303.609. Fully diluted valuation: $421,441,991.624. Circulating supply is 6,581.44 kBTC. Total supply is 6,562.702 kBTC.
kBTC is a fully backed, cross-network-compatible ERC-20 token. Each kBTC token is fully backed 1:1 by an equivalent amount of Bitcoin and held securely in Kraken’s custody. Clients can verify this for themselves at any time by inspecting our reserves onchain.