Wrapped Bitcoin, introduced in January 2019, is an ERC-20 token that represents Bitcoin (CRYPTO: BTC) on the Ethereum (CRYPTO: ETH) blockchain, maintaining a 1:1 peg with Bitcoin’s value.
A wrapped token is a token that represents a cryptocurrency from another blockchain or token standard and is worth the same as the original cryptocurrency. The wrapped token can be used on certain ...
Wrapped Fan Tokens on KAYEN solve the problem of fan tokens being non-divisible. Fan Tokens can be traded in fractional amounts (e.g. 8.88 PSG tokens instead of just 8 or 9), improving liquidity ...
On Oct. 17, Kraken officially introduced Kraken Wrapped Bitcoin (kBTC), a token backed 1:1 by an equivalent amount of Bitcoin ...