Kraken's Exclusive Launch of Wrapped Bitcoin Token: kBTC
Thursday, 17 October 2024, 12:00
Introduction of kBTC by Kraken
Kraken is taking a bold step in the world of cryptocurrency with the launch of its exclusive Wrapped Bitcoin token, kBTC. This token represents a direct connection to Bitcoin, allowing users to engage with decentralized finance (DeFi) applications.
Benefits of Wrapped Bitcoin
- Enhances liquidity within the crypto market.
- Facilitates seamless transactions across different blockchain platforms.
- Brings more utility to the Bitcoin ecosystem.
Availability on Ethereum and OP Mainnet
kBTC will be accessible on both Ethereum and OP Mainnet, positioning Kraken as a pivotal player in the evolution of Bitcoin.
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