Kraken Launches Ink Blockchain in 2025

Kraken is set to launch a new blockchain called “Ink” in early 2025, as revealed on October 24.

How Will Ink Work?

Ink will let users trade, borrow, and lend tokens directly, skipping intermediaries. This is all about making decentralized finance (DeFi) easier to use.

Why the Change?

With Ink, Kraken is moving from traditional crypto to focus on Web3 and decentralization. The aim is to make DeFi more accessible and affordable for everyone.