Kraken launched kHYPE, a 1:1 custodial packaging for HYPE
Cryptocurrency exchange Kraken announced that kHYPE is now live. kHYPE is a wrapped version of HYPE, fully backed by Kraken at a 1:1 ratio and can be verified on-chain.
This asset can be used in DeFi on the Ink chain and can be redeemed back to the original asset at any time.
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