Kraken brings Solana DEX token trading into its main app

Backpack's tokenized SpaceX share token has crossed 10,000 onchain holders on Solana, six days after listing alongside the company's Nasdaq debut. The milestone widens the holder gap with rival xStocks' SpaceX product and lands as Backpack chief executive Armani Ferrante stakes out a structural

The latest change will significantly increase fee allocation compared to the previous Stage 5 model, which had pegged allocation at 80%.

Kraken is bringing onchain token trading in-app for users across dozens of countries.

Kraken has expanded access to more than 2,500 Solana-based tokens through on-chain trading while SOL has fallen nearly 8% amid a wider crypto market selloff. According to Kraken, customers in the United States and more than 100 countries can now…

U.S. spot SOL ETFs show $861M AUM and $1.127B cumulative inflows even as SOL slipped below $65 in June. We unpack flows, leverage, and structure effects.

The deal is expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations.

Kraken's FIFA partnership could accelerate crypto adoption, influencing sports sponsorships and financial transactions in future global events. The post England faces Ghana in World Cup group stage as Kraken makes FIFA crypto history appeared first on Crypto Briefing.

Kraken's integration of Solana DEX trading into its app could drive broader adoption of decentralized finance, despite higher fees and risks. The post Kraken integrates Solana DEX trading into app, plans more networks appeared first on Crypto Briefing.