Kraken Wrapped Bitcoin (kBTC) is currently priced at $61,544.26 USD. The price has decreased 0.03% in the last 24 hours. It has a market capitalization of $368,960,077.764. Fully diluted valuation: $368,960,077.764. Circulating supply is 5,995.036 kBTC. Total supply is 5,995.036 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.