NFT
Crypto Market News: In a new development, top crypto exchange Kraken is about to launch its NFT Marketplace on the Polygon ($MATIC) network. The exchange announced that Kraken NFTs are officially ready to launch, meaning they are no longer in beta. The market could potentially attract NFT artists, enthusiasts and the like. In addition to the Polygon blockchain integration, the marketplace will have over 250 collections.
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Kraken NFTs Polygon Blockchain Integration
Referring to the Polygon network as one of the fastest growing blockchains for the NFT space, Kraken said that the Polygon network can now be accessed from Kraken NFT. Also, the platform has no trading fees for buying and selling. The NFT collection on the Kraken platform includes projects like CryptoPunks and Bored Ape Yacht Club. The exchange said in an announcement,
“We have expanded the number of available NFT collections on Kraken NFT from 70 to over 250, we have also integrated one of the fastest growing blockchains for NFTs in the space. The ultra-fast and efficient Polygon network – along with the red-hot Reddit Collectible Avatars collection – can now be accessed via Kraken NFT.”
Kraken has been in the news in February 2023 due to reports from the US Securities and Exchange Commission (SEC) investigating the crypto exchange for possible violations of offering unregistered securities.
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