KEY TAKEAWAYS
- Kraken has launched trading for zkVerify (VFY) on October 22, 2025, expanding its asset offerings.
- Users must ensure deposits are made through supported networks to avoid loss.
- zkVerify enhances verification for Web2 and Web3 applications, aiming to boost speed and reduce access barriers.
- VFY token supports staking, governance, and transaction validation within the zkVerify ecosystem.
Kraken has announced that zkVerify (VFY) is now available for trading on its platform. Trading for VFY went live on October 22, 2025. This development allows users to engage with VFY through Kraken’s trading services, expanding the range of assets available on the exchange.
To begin trading VFY, users need to navigate to the Funding section of their Kraken account, select VFY, and proceed with the deposit. It is crucial for users to ensure that deposits are made using networks supported by Kraken, as deposits made through unsupported networks will be lost.
Understanding zkVerify (VFY)
zkVerify serves as a proof verification layer designed for real-world applications across the Internet. It functions as the Zero Knowledge proof verification layer for advanced ZK Proofs, facilitating high-speed and low-cost verification for both Web2 and Web3 applications. This capability aims to reduce barriers to access and enhance speed, potentially driving growth in sectors ranging from finance to everyday digital interactions.
The VFY token plays a critical role in securing and powering the zkVerify ecosystem. It is utilized for staking, time-locked governance, and transaction validation. By aligning incentives among validators, users, and the decentralized autonomous organization (DAO), VFY aims to reinforce long-term security, decentralization, and sustainability within the ecosystem.
Trading Availability and Future Listings
Trading VFY via the Kraken App and Instant Buy will become available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must enter the market to ensure efficient order matching. It is important to note that geographic restrictions may apply to trading activities.
Kraken has indicated that more assets will be made available in the future. However, the exchange maintains a policy of not revealing details about upcoming listings until shortly before their launch. Interested users can find all of Kraken’s available tokens and future announcements on their Listings Roadmap and social media profiles.
For more details, the official announcement can be found here.
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