KEY TAKEAWAYS
- Kraken has added ACT, GRASS, and ZEREBRO to its trading platform, with trading starting on January 27, 2025.
- ACT is a utility token for a metaverse project, allowing governance and access to exclusive content.
- GRASS focuses on sustainability, supporting renewable energy and eco-friendly projects.
- ZEREBRO supports decentralized AI systems, enabling access to advanced AI tools and model monetization.
Kraken has announced the addition of three new cryptocurrencies—ACT, GRASS, and ZEREBRO—to its trading platform. Trading for these assets is set to go live at 15:00 UTC on January 27, 2025. The announcement was made here.
Users interested in trading these new tokens can add them to their Kraken accounts by navigating to the Funding section, selecting the desired asset, and clicking ‘Deposit’. It is crucial to deposit tokens into networks supported by Kraken, as deposits made using unsupported networks will be lost.
Understanding the New Tokens
ACT, or Act I: The AI Prophecy, is a utility-driven cryptocurrency linked to a narrative-based metaverse project. It allows users to participate in governance and access exclusive content within a sci-fi ecosystem dominated by AI. Token holders can stake ACT for in-game assets, engage in story-driven events, and influence the narrative’s direction.
GRASS is a token focused on environmental and sustainability initiatives within the blockchain space. It supports projects related to renewable energy, carbon credit trading, and eco-friendly innovations. GRASS incentivizes green development by funding sustainability projects and offering staking rewards to holders.
ZEREBRO is designed to support decentralized AI-driven systems. It powers a platform for developing and sharing machine learning models on a secure network. ZEREBRO token holders can access advanced AI tools, contribute to neural network training, and monetize their models within the ecosystem.
Trading and Availability
The new tokens are tradeable on both Kraken and Kraken Pro. However, trading via the Kraken App and Instant Buy will only be available once liquidity conditions are met. This means a sufficient number of buyers and sellers must enter the market for efficient order matching. Additionally, geographic restrictions may apply to trading these assets.
Kraken has indicated that more assets will be made available in the future, though details will only be revealed shortly before launch. All of Kraken’s available tokens and future listings can be found on their Listings Roadmap and social media profiles.
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