Kraken Wrapped Bitcoin (kBTC) is currently priced at $59,525.01 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $356,509,342.364. Fully diluted valuation: $356,509,342.364. Circulating supply is 5,989.236 kBTC. Total supply is 5,989.236 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.