Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming additions to its product lineup.
The updated listing roadmap – which is typically used for transparency and to prevent tokens from gaining prominence before being listed on exchanges – includes the second largest crypto exchange platform in the US say it is going to add 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 are 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 – as well as its own assets.
According to Kraken, the tokens in question go through a lengthy and extensive listing process that takes weeks to complete. However, adding it to the listing roadmap does not guarantee that the crypto exchange will list the token, only that it may be considered.
Kraken’s process includes an in-depth analysis of a digital asset, a review by the legal team and a vote by the Kraken Listing Committee (KLC).
“The committee reviews each mention and then the committee members vote. If the majority of the committee supports the listing, we will proceed. Why do we go through all this effort for every ad? Two words: honesty and integrity.”
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