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

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

   Blockchain decentralized finance DeFi KBTC Kraken Wrapped Bitcoin    October 17, 2024  |  0

Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for DefiKraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Enhance Bitcoin’s Utility Across Networks Kraken’s KBTC is an ERC20 token that allows bitcoin (BTC) to interact […]  Read more »
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