Kraken launches Kraken Wrapped Bitcoin (kBTC)
ChainCatcher news, according to official sources, the cryptocurrency exchange Kraken has launched Kraken Wrapped Bitcoin (kBTC), aimed at unlocking the potential of Bitcoin in the network.
It is reported that kBTC is a fully backed, cross-network compatible ERC-20 token, with each kBTC token fully backed by an equivalent amount of Bitcoin at a 1:1 ratio, and securely held by Kraken.
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