KEY TAKEAWAYS
- Kraken has launched BOB trading, enhancing its asset offerings with a hybrid Layer 2 solution.
- BOB integrates Bitcoin security with Ethereum’s DeFi ecosystem, using BitVM bridges and EVM compatibility.
- Users must ensure deposits are made via supported networks to avoid loss.
- Future asset listings on Kraken remain undisclosed until close to launch.
Kraken has announced that BOB is now available for trading on its platform. The trading of BOB commenced on November 20, 2025, marking a significant addition to Kraken’s asset offerings.
To begin trading BOB, users can navigate to the ‘Funding’ section of their Kraken account, select BOB, and proceed with the deposit process. It is crucial for users to ensure that deposits are made using networks supported by Kraken, as deposits made through unsupported networks may be lost.
BOB: A Hybrid Layer 2 Solution
BOB is a Hybrid Layer 2 solution that combines the security of Bitcoin with Ethereum’s decentralized finance (DeFi) ecosystem. It achieves this through trust-minimized BitVM bridges and Ethereum Virtual Machine (EVM) compatibility. Built on the OP Stack, BOB facilitates native Bitcoin deployment into DeFi without the need for custodians. Additionally, it supports Bitcoin staking via Babylon and enables seamless cross-chain interactions.
Trading BOB through 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 for orders to be efficiently matched. Users should also be aware that geographic restrictions may apply.
Future Asset Listings on Kraken
Kraken has a policy of not disclosing details about future asset listings until shortly before their launch. This includes information about which assets are being considered for listing. All currently available tokens can be found on Kraken’s website, and future listings will be announced on their Listings Roadmap and social media profiles.
For more information, the official announcement can be found here.
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