Kraken launches NFT marketplace beta to the public


Kraken, a digital asset platform, has unveiled the public beta launch of Kraken NFT, the marketplace for collectors to explore, discover and securely trade NFTs.

According to FinTech Finance, following the launch of Kraken Pro, clients will now benefit from two new and unique services, demonstrating Kraken’s commitment to accelerating the adoption of cryptocurrency.

Kraken NFT will feature a curated offering of over 110 of the highest-trading-volume NFT collections in the market today. Supported collections pass a thorough and comprehensive vetting procedure, with new collections added regularly.

Collectors can also access the NFT screener tool on Cryptowatch to track real-time NFT market data, average sale price and in-depth statistics for hundreds of different collections.

Kraken NFT includes a range of different services, including zero gas fees – collectors can buy and sell NFTs held on Kraken without clogging up the underlying blockchain network and incurring sky-high network gas fees.

In addition, a portion of the value of eligible NFTs sold on its marketplace goes back to the original content creator, rewarding ongoing creativity and invention within the space. All supported collections have an accompanying rarity ranking so collectors can better access how rare an individual NFT may be, informing a potential bid or offer.

Kraken’s NFT’s whitelisted collections will begin with those built on Ethereum and Solana. Support for other blockchains will be added in the near future.

Nivo Solutions, a FinTech startup founded by former executives at Barclays’, has landed £1m in funding from Maven Equity Finance.

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