Kraken Wrapped Bitcoin (kBTC) is currently priced at $61,969.49 USD. The price has decreased 0.02% in the last 24 hours. It has a market capitalization of $371,212,565.44. Fully diluted valuation: $371,212,565.44. Circulating supply is 5,990.247 kBTC. Total supply is 5,990.247 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.