US-Based Crypto Exchange Kraken Officially Rolls Out New NFT Marketplace

Crypto exchange Kraken is announcing that its new non-fungible token (NFT) marketplace is now available for the general public following months of testing the platform with a select group of users.

The San Francisco-based firm rolled out the beta version of Kraken NFT in November, saying it would use user feedback during this phase to develop the platform.

In a blog post published on Thursday, the exchange says the marketplace is officially ready to launch.

“Since first opening Kraken NFT to beta testers, we’ve been building new features, adding more collections, and simplifying the NFT trading experience for all… We are no longer in Beta. Presenting Kraken NFT — your gateway to buying, selling, and learning about NFTs!”

Kraken is rolling out the marketplace with over 250 NFT collections from Ethereum (ETH), Solana (SOL) and Polygon (MATIC). The platform offers digital goods from CryptoPunks, Bored Ape Yacht Club, DigiDaigaku, Nakamigos, Solana Monkey Business and Reddit Collectible Avatars.

“We’ve expanded the number of NFT collections available on Kraken NFT from 70 to over 250 (with no plans to slow down), we’ve also integrated one of the fastest growing blockchains for NFTs in the space.”

The exchange says the marketplace will not collect gas fees from users who buy and sell NFTs but will charge for transferring NFTs and other crypto assets on and off the Kraken platform.

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