Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi

Kraken has launched KBTC, a wrapped bitcoin product absolutely backed 1:1 by bitcoin and suitable with a number of networks. KBTC goals to broaden bitcoin’s use past its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Improve Bitcoin’s Utility Throughout Networks Kraken’s KBTC is an ERC20 token that enables bitcoin (BTC) to work together […]



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