Kraken has launched several new listings on its stock exchange, giving investors in the UK and Australia access to a range of new assets.
Kraken targets the UK and Australia
On its blog, Kraken says it added 14 new assets. This includes 26 new trading pairs, 13 of which are pegged to the British pound (GBP) and 13 to the Australian dollar (AUD).
Some of the newly listed trading pairs offer tokens for popular Ethereum-based DeFi apps. Synthetix (SNX) and Yearn Finance (YFI) can now be traded for GBP and AUD, while Aave (AAVE) can only be traded for AUD. Kraken’s announcement acknowledges that these tokens are “at the forefront of financial innovation.”
Other trading pairs include several emerging projects that have recently caught the attention of the larger crypto space. Cardano (ADA), Chainlink (LINK), the USDC stable coin, Filecoin (FIL), Graph Protocol (GRT) and Kusama (KSM) were listed.
Cosmos (ATOM) and Polkadot (DOT) have also been listed, which gives investors the opportunity to earn equity rewards.
Kraken is one of the world’s largest cryptocurrency exchanges by volume. The trading volume in the past 24 hours was reportedly just under $ 2 billion CoinGecko.
Disclosure: At the time of writing, this role was owned by the author ADA, SNX, and AAVE. They were also exposed in a YFI cryptocurrency index.