Kraken Wrapped Bitcoin (kBTC) is currently priced at $61,321.30 USD. The price has increased 0.02% in the last 24 hours. It has a market capitalization of $351,708,268.891. Fully diluted valuation: $351,708,268.891. Circulating supply is 5,735.5 kBTC. Total supply is 5,735.5 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.
