Kraken has expanded its crypto offerings by adding direct on-chain access to over 2,500 Solana-based tokens in its mobile app. Users in the United States and more than 100 countries can buy, hold, and sell Solana ecosystem tokens using USD or USDC without leaving the Kraken platform. By removing the need for separate wallets, seed phrases, bridging tools, or manual gas fee management, Kraken aims to make decentralized trading more accessible to mainstream users.
The service uses Privy’s embedded wallet technology and established Solana decentralized exchange protocols. Users can view their on-chain holdings alongside traditional Kraken balances in a unified portfolio interface.
Kraken states the system is self-custodial, so users retain control of their assets and private keys. Transactions are executed through third-party decentralized exchanges, so Kraken does not control execution timing, pricing, or trade fulfilment.
The launch gives users access to many emerging Solana ecosystem tokens not yet listed on centralized exchanges. While this broadens investment opportunities, it also increases exposure to speculative assets.
Kraken warns that token prices can be highly volatile and some assets may lose significant value. Risks such as failed transactions, network congestion, smart contract vulnerabilities, and slippage remain part of decentralized trading.
This move follows Kraken’s recent expansion into perpetual futures trading through its Bitnomial acquisition. Together, these initiatives reflect a broader strategy to combine centralized exchange convenience with decentralized finance capabilities.
Industry observers view the launch as part of a trend among exchanges bridging traditional crypto trading and on-chain activity. Whether this simplified experience drives broader adoption or introduces new risks for retail users will become clearer over time.
Access the Solanaverse on Kraken.
2,500+ tokens not yet on major exchanges.
Find the token you want, tap, and trade.
No extra wallets, no seed phrases, no complicated set up.
On-chain trading is now live in the Kraken app ⤵️https://t.co/nKxDsDOROY pic.twitter.com/NzBUVsCJVd
— Kraken (@krakenfx) June 18, 2026
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