Crypto exchange giant Kraken has announced that it will be adding 19 altcoins to its listing roadmap, indicating upcoming additions to its range of products. The updated listing roadmap, which is used for transparency and to prevent the front-running of tokens before they are listed, reveals that Kraken, the second-largest crypto exchange platform in the US, plans to include various altcoins.
Some notable digital assets on the roadmap include memecoins Peanut the Squirrel (PNUT) and Neiro (NEIRO), as well as tap-to-earn gaming token Notcoin (NOT). Other memecoins being added are Fwog (FWOG), MAGA (TRUMP), Dogs (DOGS), and Moo Deng (MOODENG).
Additionally, Kraken intends to integrate three new blockchains – decentralized exchange (DEX) DYDX, decentralized storage network Arweave (AR), and Binance’s BNBChain – along with their native assets.
Kraken emphasizes that tokens under consideration go through a rigorous and lengthy listing process that takes several weeks. However, being added to the listing roadmap does not guarantee that the token will be listed on the crypto exchange; it simply means that it is being considered.
Kraken’s thorough process involves 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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