Kraken Crypto Exchange Introduces PNUT, NEIRO, NOT, and 16 Additional Altcoins to Listing Roadmap
The crypto exchange giant Kraken has announced that it will be adding several altcoins to its listing roadmap, indicating upcoming additions to its range of products. In its updated listing roadmap, which is typically used for transparency and to prevent the frontrunning of tokens before they are listed, the second-largest crypto exchange platform in the US states that it will be adding 19 altcoins.
Some notable digital assets included in the roadmap are memecoins Peanut the Squirrel (PNUT) and Neiro (NEIRO), as well as tap-to-earn gaming token Notcoin (NOT). Other memecoins being added include Fwog (FWOG), MAGA (TRUMP), Dogs (DOGS), and Moo Deng (MOODENG).
Additionally, Kraken plans to integrate three new blockchains, namely decentralized exchange (DEX) DYDX, decentralized storage network Arweave (AR), and Binance’s BNBChain, along with their native assets.
According to Kraken, tokens under consideration go through a lengthy and extensive listing process that takes weeks. However, being added to the listing roadmap does not guarantee that the token will be listed on the crypto exchange, but rather indicates that it is being considered.
Kraken’s process includes in-depth analysis of a digital asset, a review by its legal team, and a vote by the Kraken Listing Committee (KLC).
“The committee reviews each listing and then the committee members vote. If the majority of the committee supports the listing, we move forward. Why do we go to all this trouble for every listing? Two words: fairness and integrity.”
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