Kraken adds 2,500 unapproved Solana tokens to its app

The exchange said the assets remain on-chain, signaling users can access a broader range of Solana-based tokens without a centralized listing review.

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Summary

Kraken has added 2,500 unapproved Solana tokens to its app, expanding access to a large pool of Solana-based assets beyond the exchange’s standard listing process. The company said the risk stays on-chain, indicating the tokens are accessed through on-chain trading rather than being fully approved and listed on Kraken’s centralized order books. The move highlights how exchanges are increasingly blending centralized apps with blockchain-based market access, giving users wider token exposure while shifting some trading and asset risk to the underlying network and smart contracts (self-executing blockchain code).

Terms & Concepts
  • Solana tokens: Digital assets issued on the Solana network.
  • on-chain: Recorded and executed directly on a blockchain network.
  • smart contracts: Self-executing code that runs on a blockchain.