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Cryptocurrency News Articles

Kraken Exchange Lists APENFT (NFT), Introducing NFT/USD and NFT/EUR Trading Pairs

Mar 21, 2025 at 10:24 am

On March 20, U.S. time, Kraken, a leading global compliant cryptocurrency exchange, announced the official launch of spot trading for NFT

Kraken Exchange Lists APENFT (NFT), Introducing NFT/USD and NFT/EUR Trading Pairs

On March 20, U.S. time, Kraken, a leading global compliant cryptocurrency exchange, will launch spot trading for NFT (APENFT), introducing the NFT/USD and NFT/EUR trading pairs. The listing will bring new investment opportunities to Kraken's global users, and is accompanied by the Reef Program airdrop incentive activity, with a prize pool of up to $90,000 in NFT tokens, aiming to maximize user participation and interaction. This initiative marks a significant breakthrough for the TRON ecosystem in terms of compliance and globalization.

According to the official announcement, the NFT (APENFT) integration on Kraken will open up direct investment channels for users in Europe and the U.S., and the introduction of the NFT/EUR trading pair will expand the investment options available to European traders. Moreover, to encourage active participation in the NFT community, the platform will be hosting the "Reef Program" airdrop activity, offering a total of $90,000 in NFT tokens to be distributed proportionally based on the trading volume of the NFT/USD and NFT/EUR trading pairs.

The initiative showcases the collaborative efforts of both teams to provide optimal trading experiences and investment opportunities to users. As a highly respected exchange known for its security measures and high liquidity, Kraken serves as a key entry point for crypto projects to enter the mainstream market.

In the current context of tightening regulations in the cryptocurrency market, institutions such as the U.S. SEC are increasingly raising compliance requirements. The arrival of NFTs on Kraken not only enhances their global credibility but also signifies that TRON ecosystem projects are gradually being accepted by the mainstream financial system.

This NFT listing on Kraken is a significant breakthrough for the TRON ecosystem's entry into the U.S. compliant trading market, paving the way for subsequent acceleration in covering compliant exchanges in North America, and further solidifying TRON's compliance strategy in the global market.

As TRON's global influence continues to expand, its ecological tokens are expected to enter highly compliant markets in other regions worldwide. The initiative marks a milestone for NFT and injects new momentum into the global leap of the TRON ecosystem.

Founded in 2011 and headquartered in San Francisco, Kraken is a benchmark platform in the global cryptocurrency trading field, recognized for its advanced security technology, high throughput, and strict compliance. According to CoinMarketCap data, Kraken's daily trading volume ranks among the top globally, and it currently supports over 120 cryptocurrencies and various fiat currencies, including USD, EUR, GBP, and JPY, serving a user base of over 8 million, covering retail and institutional investors in North America, Europe, and the Asia-Pacific region.

In May 2021, APENFT launched an NFT airdrop program for TRON mainnet token holders, aiming to cover millions of TRX users and provide them with the opportunity to participate in the NFT ecosystem. In December of the same year, APENFT collaborated with Christie's and Sotheby's auction houses to tokenize masterpieces by Picasso and Andy Warhol, sparking industry discussion on the integration of art and blockchain.

In March 2022, APENFT launched Genesis NFT Badges, issuing 10,000 exclusive NFTs to provide market privileges and priority participation rights for holders in various APENFT activities.

In 2023, APENFT launched the APENFT Marketplace, becoming the leading NFT trading platform on the TRON chain, integrating diverse NFT projects and facilitating seamless trading experiences for users. The foundation has also supported hundreds of emerging artists through the Art Dream Fund, deepening the TRON ecosystem's layout in the digital art field.

In September 2024, APENFT partnered with SunPump to launch the NFT Pump platform, the first tool for fair issuance of NFTs in the TRON ecosystem, enabling users to mint NFTs at low costs using TRX and participate in the platform with minimal barriers. The first season of NFT Pump attracted broad participation from users, and the second season is currently underway.

In the fourth quarter of the same year, NFT Pump 1.0 introduced presale and Drop features and held a creator competition to further enhance community engagement and interaction.

In the first quarter of 2025, NFT Pump 2.0 was launched, introducing the TRC404 standard, which allows NFTs to be traded in a split manner, catering to diverse user needs and further enhancing liquidity and user experience. These achievements showcase APENFT's ongoing efforts in NFT innovation and ecosystem building.

The listing on Kraken is another key milestone for NFTs, holding significant importance for their value release.

Kraken's global traffic and high compliance will significantly enhance the market exposure of NFTs, further promoting their transformation from "art tokens" in the TRON ecosystem to core assets

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