Kraken Announces the Beta Launch of its NFT Marketplace

Leading cryptocurrency exchange Kraken has now revealed the public beta launch of Kraken NFT, a brand-new platform for exploring, collecting, and trading non-fungible tokens (NFTs).

Over 110 of the most actively traded NFT collections will be available on the Kraken NFT marketplace when it launches, and new collections will be constantly added following a thorough verification procedure. Also, investors will be able to follow real-time NFT market data for the collections via its NFT screen feature on CryptoWatch.

Kraken NFT asserts to help the NFT space be more accessible to all different sorts of collectors, from experienced flippers to those who are just beginning their collection. It was designed from the bottom up to be one of the most secure, user-friendly, and dynamic marketplaces currently accessible in the industry.

“Since 2011, our mission has been to accelerate the adoption of cryptocurrencies with a secure platform that both protects client funds and offers a comprehensive range of products and services,” said Jesse Powell, co-founder and CEO of Kraken. “We were the first major exchange to list ether and recognize the promise of the non-fungible space. As a secure gateway complete with curated collections and a host of unique features, we believe Kraken NFT will be the destination of choice for collectors from all backgrounds to explore and interact with the NFT ecosystem.”

The first collections on Kraken NFT's whitelist will be those built on Solana and Ethereum. Thus, support for other blockchains will be implemented in the near future. Kraken NFT claims to lead this dynamic market with an expanding selection of associated goods that demonstrate its dedication to the NFT ecosystem over the long term.

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‍About Kraken:‍

Kraken is one of the world’s longest-standing digital asset platforms. Globally, Kraken clients trade more than 200 digital assets and 8 different national currencies, including GBP, EUR, USD, CAD, JPY, CHF, AUD and AED.

Kraken, over 2,000 strong, was founded in 2011 and was one of the first exchanges to offer spot trading with margin, parachain auctions, staking, regulated derivatives and index services. In 2022, it launched a custodial NFT marketplace. Kraken is trusted by over 9 million traders and institutions around the world and offers professional, round-the-clock online support. Kraken was the first company to have ever conducted a Proof of Reserves audit and has since committed to undergoing Proof of Reserves on a regular basis.