Attention crypto enthusiasts! 🎉 Kraken has launched its own tokenized Bitcoin, called Kraken Wrapped Bitcoin (kBTC). This new ERC-20 token is backed 1:1 by Bitcoin stored in Kraken custody.

🔹 Compatible with networks like Ethereum and OP Mainnet.

🔹 Useful in decentralized applications (DApps).

Kraken claims that kBTC strengthens Bitcoin's position and opens up new possibilities for developers. What do you think? Leave us your comments!