CoW Protocol (COW) and TokenFi (TOKEN) Now Available for Trading on Kraken

We’re thrilled to announce that CoW Protocol (COW) and TokenFi (TOKEN) are now available for trading on Kraken!

Kraken Adds CoW Protocol (COW) and TokenFi (TOKEN) to Funding and Spot Markets

We’re excited to announce that CoW Protocol (COW) and TokenFi (TOKEN) are now available for funding and spot trading on Kraken.

Funding and trading

COW and TOKEN trading will be live as of 15:00 PM UTC today, January 15, 2025.

To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit.’

Please ensure that you are depositing your tokens on the networks that are supported by Kraken. Deposits made using other networks will be lost.

The new tokens are tradeable on Kraken and Kraken Pro with the following parameters:

Note:

Here’s some more information about these assets:

CoW Protocol (COW)

COW is the native token of CowSwap, a decentralized exchange that aims to create efficient and user-friendly trading. CowSwap optimizes trade settlements by using batch auctions and preventing front-running techniques. The COW token serves multiple purposes, including governance, liquidity provider incentives and rewarding exchange participants.

TokenFi (TOKEN)

TOKEN is the native token of the TokenFi platform, which provides a seamless and user-friendly environment for managing and trading tokenized real-world assets. The TOKEN is used to facilitate transactions, enable governance and serve as an incentive within the TokenFi platform.

Don’t have a Kraken account yet and ready to start trading? Sign up today!

Will Kraken be adding more assets?

Yes! However, it is our policy to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on our Listings Roadmap and social media profiles. Our client engagement specialists are unable to provide any information on which assets we may be making available in the future.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorised to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here.

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