Kraken is delighted to announce that Kraken has packaged Bitcoin (KBTC) is now live on UnichainA layer 2 based on Ethereum developed by Uniswap Labs.
In addition, Unichain users and developers can now transfer ETH and USDT0 directly between Kraken and Unichain. Integration widens the role of Kraken as a liquidity center for customers to transparently exploit multi-chaînes experiences.
What makes KBTC different?
Unlike many enveloped assets, KBTC is:
- 1: 1 supported By Bitcoin held in Kraken Financial, a spdi responsible for Wyoming
- Fully transparentConsult our proof of onchain reserves at any time at
- Transversal procedureNow live through Ethereum, OP MAINNET, INK and Unichain
Use it. Build with. Check it.
Primitives defined to cross protocols, KBTC is ready to fuel a new innovation, supported by the 13th and over the safety and excellence of Kraken infrastructure. Here is our KBTC Unichain Smart ContractAnd here is our BTC guard address.
With KBTC, we bring Bitcoin power to new networks, underpinned by the expertise in trust and security that Kraken has created in the last decade. We believe that KBTC strengthens the Bitcoin position as a sideline of the crypto, allows crypto manufacturers to explore new ways of using Bitcoin and pushes the whole of the front ecosystem.
Join us in this trip when we push the limits of what is possible with Bitcoin, and make sure that it remains the foundation of the cryptography industry for future generations.
Ready to exchange but you have no Kraken account yet? Register today!
Some cryptographic products and markets are not regulated, and you cannot be protected by government and / or regulatory protection regimes. The unpredictable nature of the crypto-tassets markets can cause loss of funds. The tax may be payable on any declaration and / or on any increase in the value of your cryptocurrency and you should request independent advice on your tax position. Geographic restrictions can apply.
Guard services provided by Kraken Financial, a special Wyoming -responsible deposit establishment. Kraken Financial is not a bank provided by the FDIC and the deposits are neither insured nor subject to the protections of the FDIC.
