Kraken to integrate INK token and L2 to power onchain expansion

Kraken integrates the Inktoken and Inktelaag 2 community in its core platform to enhance the commerce, liquidity and Defi instruments in its world product suite.

Cracking announced Plans to combine the inktoken and the Ink Layer 2 community, which is a part of the Superchain Ecosystem of Optimism, in its core product suite. The combination will allow new use instances which can be powered by decentralized protocols, as a result of in Ink turns into an vital a part of the commerce, liquidity and stimulation methods of Kraken.

“The Ink Layer-2 provides the world a excessive transit, low finality, EVM-compatible setting that may be prolonged over commerce and cost infrastructure. The Ink Basis standardizes how worth doesn’t transfer for Defi customers, however for establishments, market makers and everybody working within the digital asset room, mentioned Arjun Sethi house.

The inktoken may even be included in Kraken Drops, the AirDrop Rewards program of the Trade for eligible customers.

In response to the Ink Basis, the inktoken is designed to stimulate the usefulness of the community – supporting functions akin to loans and commerce – as an alternative of appearing as a speculatively lively. Ink won’t have governance capabilities, however will likely be used as an alternative to gather liquidity and to stimulate involvement within the Defi stack of Ink.

The ink worth rose by 10%, fed by the announcement, which is at present being traded at $ 0,0008. Market capitalization is at present $ 372,495, in response to Coentecko.

Latest milestones for cracking

This announcement follows a sequence of vital strategic actions of Kraken. In current months, the Beurs Krak, a worldwide cost and switch – app, began and began itemizing Xstocks, Tokenized shares issued by assist, for twenty-four/5 commerce – together with current assist on BNB chain. As well as, Kraken launched regulated derivatives commerce for American customers and added Bitcoin (BTC) to make use of Babylon.

Particularly, the alternate has additionally expanded its European presence with a mica license from Eire, in order that it might scale its regulated providers in all 30 European financial space members.

Kraken additionally mentioned that it’s contemplating changing into public within the first quarter of 2026, after the choice of the SEC to Let his securities legislation fall In opposition to the corporate on March 3.