Kraken Wrapped Bitcoin (kBTC) is currently priced at $62,647.06 USD. The price has decreased 0.01% in the last 24 hours. It has a market capitalization of $375,033,228.389. Fully diluted valuation: $375,033,228.389. Circulating supply is 5,986.446 kBTC. Total supply is 5,986.446 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.