Breaking News
Kraken to Integrate $INK Token and Ink Layer-2 Protocols Into Core Products, INK Airdrop to Follow
Kraken $INK Token is set to power the new Ink Layer-2 network, enabling scalable, seamless onchain experiences for Kraken clients. This crypto airdrop initiative from the Ink Foundation aims to unify protocols, users, and builders in a high-throughput, EVM-compatible environment.
$INK will be issued by an Ink Foundation subsidiary, an independent entity that stewards the Ink Layer-2 and its ecosystem. The token is designed to unify users, protocols, and builders across the Ink Layer-2 ecosystem. $INK tokens will be part of Kraken Drops program, and will be airdropped to certain eligible active Kraken clients and ecosystem participants.
“Our objective is to see production grade onchain systems deeply integrated across everything we offer,” said Arjun Sethi, Co-CEO of Kraken. “The Ink Layer-2 gives the world a high throughput, low finality, EVM compatible environment that can be extended across trading and payments infrastructure. The Ink Foundation is standardizing how value moves – not just for DeFi users but for institutions, market makers, and anyone operating in the digital asset space. Kraken supports the Ink Foundation’s efforts to align infrastructure for both onchain and offchain users with the same performance, security, and global accessibility.”
The Ink Foundation Board of Directors added: “This is a pivotal moment for the Ink community and everyone working to embed open, permissionless finance into everyday life for the masses. By introducing $INK and Ink-native protocols into products already trusted by millions of users, Kraken is making the leap forward to a world where CeFi and DeFi aren’t divided. This is only the beginning of united capital markets that anyone can tap into. The real work starts here, and the future is ours to write.”
With the Kraken $INK Token and Ink Layer-2 launch, Kraken reinforces its commitment to onchain scalability, offering crypto users and institutions a unified network experience. More details on Kraken’s plans and airdrop of $INK will be shared in the future as milestones are reached.
People In This Post
Companies In This Post
- Why Most US Brokers Are Unavailable to European Investors Read more
- NatWest Formally Appoints PEXA to Set a Path to Digital Property Transactions Read more
- ThetaRay Launches Self-Service Rule Builder and Simulator Giving Compliance Teams Direct Control and Faster Rule Deployment Read more
- Samsung Wallet Launches In-Store Installment Payments Through Splitit Read more
- Temenos Recognized by CNBC as One of the World’s Top Fintech Companies Read more