Kraken listing FWOF, GOAT, and SPX next week, starting DYDX migration

Kraken has announced upcoming listings for several tokens on December 11 and 12. 

The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11. The following day, Kraken will facilitate the migration of DYDX (DYDX) to the native dYdX blockchain, allowing users to trade the token on its decentralized ecosystem.

Kraken and the U.S. crypto market

This move aligns with Kraken’s broader strategy to expand its offerings amid increasing regulatory clarity in the United States. The inclusion of DYDX highlights the growing demand for decentralized finance assets as they migrate to dedicated blockchains for improved scalability and governance.

Kraken’s roadmap is a regularly updated schedule that shows what new features, cryptocurrency listings, and system improvements are coming to the exchange

This transparency helps keep users informed about the exchange’s growth and encourages community involvement. It also helps traders and investors plan their activities based on upcoming updates and asset availability.

On Nov. 6, DYDX saw an over 30% rally following reports of support from Donald Trump’s newly appointed White House cryptocurrency advisor. Kraken’s recent updates include support for 19 tokens, with assets like BNB and GOAT catering to a diverse range of market interests.

Related Posts

Bitcoin ETFs see continued inflows as BTC climbs back above $100K

Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the…

Australia fines Kraken’s operator $5m for unlawful credit facility

Kraken’s Australian entity, Bit Trade, is facing a multi-million fine for failing to comply with rules requiring a target market determination for its margin extension product. The Australian operator of…

Leave a Reply

Your email address will not be published. Required fields are marked *