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Cryptocurrency News Articles

Kraken Lists APENFT (NFT), Launches $90k Airdrop Campaign Through Reef Program

Mar 21, 2025 at 05:21 pm

This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›

Cryptocurrency exchange Kraken has announced the listing of APENFT (NFT), a key token in the TRON ecosystem, on its platform.

The listing introduces APENFT/USD and APENFT/EUR trading pairs on Kraken, expanding the token’s fiat market presence. In addition to the listing, a Reef Program airdrop campaign of $90,000 worth of APENFT tokens has been launched.

Launched by the APENFT Foundation in 2021, APENFT uses TRON’s fast and low-cost blockchain to bring top-tier artworks on-chain and support the growth of the NFT ecosystem.

As of March 2025, with over $430 million in market cap and more than 2.16 million unique holders, APENFT has become a leading force in the digital collectibles space. APENFT is now listed on over 30 major global exchanges, including HTX, OKX, and Poloniex.

Since its launch, the project has reached several important milestones:

* In 2021, APENFT partnered with renowned Italian artist, Maurizio Cattelan, to bring his artwork, "Comedian," to the blockchain. This collaboration marked a key step in bridging the worlds of art and Web3.

* The project also partnered with prominent American artist, Jeff Koons, to launch an NFT collection of his iconic "Campione Monogram" artworks.

* In 2022, APENFT collaborated with Codecc Chain to develop TRC-404, a new standard for NFT tokens on the TRON blockchain. This move aimed to enhance the interoperability and efficiency of NFTs within the TRON ecosystem.

* Later that year, APENFT partnered with renowned French artist, Pablo Neruda, to launch a special NFT collection in celebration of the 2022 FIFA World Cup.

The listing of APENFT (NFT) on Kraken marks a significant step in its global expansion, offering increased exposure and access to institutional and retail investors across North America, Europe, and Asia-Pacific.

With NFT/USD and NFT/EUR trading pairs now available, APENFT gains direct entry into key fiat markets, further expanding its reach to a broader audience.

The launch is further supported by a $90,000 airdrop through the Reef Program, designed to boost engagement among Kraken’s user base and broaden APENFT’s appeal beyond the TRON ecosystem.

Kraken, known for its high compliance standards and robust security measures, provides an ideal platform for APENFT to strengthen its credibility and expand its footprint in the global cryptocurrency market.

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Other articles published on Mar 22, 2025