0%

Kraken Launches kBTC on Unichain

3 hours ago 2 min read
News Article Banner Image

Additionally, Unichain users and developers can now transfer ETH and USDT0 directly between Kraken and Unichain. The integration expands Kraken’s role as the liquidity hub for clients to seamlessly tap into multi-chain experiences.

What makes kBTC different?

Unlike many wrapped assets, kBTC is:

  • 1:1 backed by Bitcoin held at Kraken Financial, a Wyoming-chartered SPDI

  • Fully transparent, view our onchain proof of reserves anytime at https://kraken.com/kbtc

  • Cross-Chain, now live across Ethereum, OP Mainnet, Ink and Unichain

Use it. Build with it. Verify it.

From DeFi primitives to cross-chain protocols, kBTC is ready to power new innovation, backed by Kraken’s 13+ years of security and infrastructure excellence. Here is our KBTC Unichain smart contract, and here’s our BTC custody address.

With kBTC, we’re bringing the power of Bitcoin to new networks, underpinned by the trust and security expertise Kraken has established over the last decade. We believe kBTC reinforces Bitcoin’s position as the epicenter of crypto, empowers crypto builders to explore new ways to use Bitcoin, and pushes the entire ecosystem forward.

Join us in this journey as we push the boundaries of what’s possible with Bitcoin, and ensure it remains the bedrock of the crypto industry for generations to come.

Ready to trade but don’t have a Kraken account yet? Sign up today !

Get Started with Kraken

Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.

Custody services provided by Kraken Financial, a Wyoming-chartered Special Purpose Depository Institution. Kraken Financial is not an FDIC-insured bank and deposits are neither insured by nor subject to the protections of the FDIC.

The post appeared first on Kraken Blog.

Popular news

How to Set Up and Use Trust Wallet for Binance Smart Chain
#Bitcoin#Bitcoins#Config+2 more tags

How to Set Up and Use Trust Wallet for Binance Smart Chain

Your Essential Guide To Binance Leveraged Tokens

Your Essential Guide To Binance Leveraged Tokens

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)
#Subscriptions

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)

What is Grid Trading? (A Crypto-Futures Guide)

What is Grid Trading? (A Crypto-Futures Guide)

Start trading with Cryptohopper for free!

Free to use - no credit card required

Let's get started
Cryptohopper appCryptohopper app

Disclaimer: Cryptohopper is not a regulated entity. Cryptocurrency bot trading involves substantial risks, and past performance is not indicative of future results. The profits shown in product screenshots are for illustrative purposes and may be exaggerated. Only engage in bot trading if you possess sufficient knowledge or seek guidance from a qualified financial advisor. Under no circumstances shall Cryptohopper accept any liability to any person or entity for (a) any loss or damage, in whole or in part, caused by, arising out of, or in connection with transactions involving our software or (b) any direct, indirect, special, consequential, or incidental damages. Please note that the content available on the Cryptohopper social trading platform is generated by members of the Cryptohopper community and does not constitute advice or recommendations from Cryptohopper or on its behalf. Profits shown on the Markteplace are not indicative of future results. By using Cryptohopper's services, you acknowledge and accept the inherent risks involved in cryptocurrency trading and agree to hold Cryptohopper harmless from any liabilities or losses incurred. It is essential to review and understand our Terms of Service and Risk Disclosure Policy before using our software or engaging in any trading activities. Please consult legal and financial professionals for personalized advice based on your specific circumstances.

©2017 - 2025 Copyright by Cryptohopper™ - All rights reserved.