Crypto exchange Kraken wants to launch its own blockchain

Crypto exchange Kraken wants to launch its own blockchain

By LeftFooted | bitcoinea | 30 Oct 2024


Crypto exchange Kraken wants to launch its own blockchain.


This is news to Kraken and Kraken users, but hardly news to the crypto world in general.


Several crypto exchanges have their own chain, including Coinbase with BASE and Binance with the BNB Chain.


Kraken's new blockchain, called Ink, aims to 'simplify decentralised finance access' as well as offer trading, lending and borrowing services.

Obviously without intermediaries.


The goal for Kraken is to launch Ink by mid 2025.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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