Kraken Lists Solana-Based Meme Coins Bonk and Dogwifhat for UK Users, Expands Coin Offerings

Kraken, a leading global exchange, has announced the listing of viral Solana-based meme coins Bonk (BONK) and Dogwifhat (WIF) for its United Kingdom users. Additionally, the exchange has included Jito (JTO), Dymension (DYM), Jupiter (JUP), Polygon Ecosystem Token (POL), and Wormhole (W) in its list of supported coins for UK residents.

Coinbase International also confirmed the listing of WIF on Thursday, reflecting growing interest in meme coins within the cryptocurrency market.

Kraken's Expansion: TradeStation Crypto Acquisition and Diverse Wallet Launch

Kraken's recent acquisition of cryptocurrency platform TradeStation Crypto aims to bolster its presence in the United States, leveraging TradeStation's regulatory licenses in the country. Additionally, Kraken is actively expanding its footprint in the European Union, with the acquisition of Netherlands-based Coin Meester B.V. (BCM) and the integration of U.K.-based derivatives unit Crypto Facilities.

Kraken's commitment to enhancing its range of services is further evidenced by the recent release of an open-source cryptocurrency wallet. The "Kraken Wallet" supports multiple blockchains, including popular ones like Dogecoin, Base, Ethereum, and Solana. This move aligns with Kraken's strategy to provide users with a diverse and accessible cryptocurrency ecosystem.

Kraken's Open-Source Wallet: Elevating Transparency and Security in Cryptocurrency Exchanges

Kraken's wallet product joins the offerings of other major cryptocurrency exchanges such as Binance and Coinbase. The key selling point of Kraken's wallet lies in its open-source code, offering transparency and security to users.

As Kraken continues to expand its coin offerings and enhance its services, it reinforces its position as a leading player in the cryptocurrency exchange landscape, catering to the evolving needs of traders and investors worldwide.