Crypto Market News: In a fresh development, top crypto exchange Kraken is set to launch its NFT Marketplace on the Polygon ($MATIC) network. The exchange announced that Kraken NFTs are officially ready to launch, meaning they are no longer in beta. The marketplace could potentially attract NFT artists, enthusiasts and the like. In addition to the Polygon blockchain integration, the marketplace will have more than 250 collections.
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Kraken NFTs Polygon Blockchain Integration
Referring to the Polygon network as one of the fastest growing blockchains for the NFT space, Kraken said the Polygon network is now accessible from Kraken NFT. Also, the platform has zero trading fees for buying and selling. The NFT collection on the Kraken platform includes projects like CryptoPunks and Bored Ape Yacht Club. The exchange said in an announcement,
“We have expanded the number of NFT collections available on Kraken NFT from 70 to over 250, we have also integrated one of the fastest growing blockchains for NFTs in the space. The ultra-fast and efficient Polygon network — along with its red-hot Reddit Collectible Avatars collection — is now accessible from Kraken NFT.”
Kraken has been in the news in February 2023 over reports of the U.S. Securities and Exchange Commission (SEC) investigating the crypto exchange for possible violations of offering unregistered securities.
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