Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming additions to its suite of products.
On its updated listing roadmap – which is typically used for transparency and to prevent the front-running of tokens prior to them being listed – the second-largest crypto exchange platform in the US says it’s going to be adding 19 altcoins.
Some notable digital assets on the roadmap include memecoins Peanut the Squirrel (PNUT) and Neiro (NEIRO), and tap-to-earn gaming token Notcoin (NOT). Other memecoins being added include Fwog (FWOG), MAGA (TRUMP), Dogs (DOGS), and Moo Deng (MOODENG).
Furthermore, Kraken says it is planning on integrating three new blockchains – decentralized exchange (DEX) DYDX, decentralized storage network Arweave (AR), and Binance’s BNB Chain – as well as their native assets.
According to Kraken, tokens under consideration go through a lengthy and extensive listing process that takes weeks. However, being added to the listing roadmap does not guarantee that the crypto exchange will list the token, only that it’s up for consideration.
Kraken’s process includes in-depth analysis of a digital asset, a review by its legal team and a vote by the Kraken Listing Committee (KLC).
“The committee reviews each listing and then the committee members vote. If the majority of the committee supports the listing, we move forward. Why do we go to all this trouble for every listing? Two words: fairness and integrity.”
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