{"id":524,"date":"2025-03-13T07:43:14","date_gmt":"2025-03-13T08:43:14","guid":{"rendered":"http:\/\/jbrollo.com\/?p=524"},"modified":"2025-03-13T16:02:46","modified_gmt":"2025-03-13T16:02:46","slug":"comment-on-kraken-unveils-ethereum-based-wrapped-bitcoin-token-kbtc-by-lamadsurvey-com","status":"publish","type":"post","link":"http:\/\/jbrollo.com\/index.php\/2025\/03\/13\/comment-on-kraken-unveils-ethereum-based-wrapped-bitcoin-token-kbtc-by-lamadsurvey-com\/","title":{"rendered":"Comment on Kraken Unveils Ethereum-Based Wrapped Bitcoin Token, KBTC by Lamadsurvey.com"},"content":{"rendered":"
Kraken\u2019s launch of KBTC, an Ethereum-based wrapped Bitcoin token, is a smart move to bridge the gap between Bitcoin and the DeFi ecosystem. Wrapped tokens like KBTC make it easier for Bitcoin holders to participate in Ethereum\u2019s decentralized finance space without selling their BTC. However, I wonder how this will impact the competition with other wrapped Bitcoin tokens like WBTC. Will Kraken\u2019s reputation and user base give KBTC an edge? Also, how will this affect Bitcoin\u2019s liquidity and utility in the long run? Exciting times for crypto interoperability!<\/p>\n","protected":false},"excerpt":{"rendered":"
Kraken\u2019s launch of KBTC, an Ethereum-based wrapped Bitcoin token, is a smart move to bridge the gap between Bitcoin and the DeFi ecosystem. Wrapped tokens … <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-524","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","latest_post"],"_links":{"self":[{"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/posts\/524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/comments?post=524"}],"version-history":[{"count":1,"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/posts\/524\/revisions"}],"predecessor-version":[{"id":525,"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/posts\/524\/revisions\/525"}],"wp:attachment":[{"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/media?parent=524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/categories?post=524"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/jbrollo.com\/index.php\/wp-json\/wp\/v2\/tags?post=524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}