Loading...
Market
What will be the TVL of kBTC on Ethereum by April 30, 2025?
3
Resolution / Starting Odds
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $200 million • 25%
More than $200 million • 25%
On-chain data from Ethereum blockchain and DeFi tracking platforms
Story
Kraken Launches kBTC, a Fully Backed ERC-20 Wrapped Bitcoin Token on Ethereum and OP
Oct 17, 2024, 12:17 PM
Kraken, a cryptocurrency exchange, has launched its own wrapped Bitcoin token, kBTC. The kBTC token is an ERC-20 token fully backed 1:1 by Bitcoin and held securely and custodied by Kraken. This new token aims to provide more possibilities, functionality, and transparency for users. The kBTC token will be available on Ethereum and OP mainnet, allowing for cross-network compatibility. Users can verify the backing of each kBTC token on-chain, ensuring transparency and security.
View original story
Similar markets
Less than 10 • 25%
10-20 • 25%
21-30 • 25%
More than 30 • 25%
$50 million • 25%
$100 million • 25%
$200 million • 25%
Other • 25%
Other • 25%
Ethereum • 25%
Optimism • 25%
Other L2 solutions • 25%
DeFi lending/borrowing • 25%
Decentralized exchanges • 25%
Yield farming • 25%
Other • 25%
Below $20 billion • 25%
$20 billion - $40 billion • 25%
$40 billion - $60 billion • 25%
Above $60 billion • 25%
Less than $10 million • 25%
$10 million to $50 million • 25%
$50 million to $100 million • 25%
More than $100 million • 25%
