Crypto exchange giant Kraken is adding a host of altcoins to its listing roadmap, signaling upcoming additions to its product lineup.
On its updated listing roadmap – which is generally used for transparency purposes and to prevent tokens from being highlighted before they are listed – the second largest crypto exchange in the United States- Unis says it will add 19 altcoins.
Some notable digital assets on the roadmap include memecoins Peanut the Squirrel (PNUT) and Neiro (NEIRO), and tap-to-win gaming token Notcoin (NOT). Other memecoins added include Fwog (FWOG), MAGA (TRUMP), Dogs (DOGS), and Moo Deng (MOODENG).
Additionally, Kraken says it plans to integrate three new blockchains – decentralized exchange (DEX) DYDX, decentralized storage network Arweave (AR), and Binance’s BNB chain – along with their native assets.
According to Kraken, the tokens under consideration go through a long and thorough 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 should be considered.
Kraken’s process includes an 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 list, and then committee members vote. If the majority of the committee supports the listing, we will move forward. Why do we go to so much trouble for each ad? Two words: fairness and integrity.
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