Kraken now offers on-chain trading for 2,500+ Solana tokens directly inside the app for US users and 100+ countries through a self-custodial wallet.
- Kraken has integrated on-chain token trading for Solana tokens directly into its app for US users and over 100 other countries, allowing access to over 2,500 tokens not typically found on centralized exchanges.
- The feature utilizes Privy's embedded wallet technology and Solana DEX infrastructure, offering users a familiar app experience without requiring separate wallets or seed phrases, while maintaining self-custody of assets.
- This move by Kraken aims to bridge the gap between centralized exchange convenience and decentralized exchange asset access, potentially reshaping how early-stage tokens reach retail audiences and intensifying competition among major exchanges.
Topics: Blockchain usage, Institutional adoption, Integration with defi, Non evm chains, Onboarding prime brokerage, Liquidity pools amms
Tags: #kraken #solana #onchaintrading #dex #embeddedwallet #selfcustodial #ususers #tokentrading #defi #privatekeys
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