Kraken Wrapped Bitcoin (kBTC) is currently priced at $64,948.92 USD. The price has increased 0.02% in the last 24 hours. It has a market capitalization of $401,733,998.456. Fully diluted valuation: $401,837,461.637. Circulating supply is 6,185.384 kBTC. Total supply is 6,186.977 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.
