Kraken Wrapped Bitcoin (kBTC) is currently priced at $62,695.41 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $381,680,932.997. Fully diluted valuation: $381,680,932.997. Circulating supply is 6,087.861 kBTC. Total supply is 6,087.861 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.