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Home DeFi

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

by cryptostandard
in DeFi
Reading Time: 1 min read
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Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for DefiKraken has launched KBTC, a wrapped bitcoin product totally backed 1:1 by bitcoin and suitable with a number of networks. KBTC goals to develop 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 permits bitcoin (BTC) to work together […]


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