Friday, June 27, 2025

Kraken Lists Matchain (MAT) for Trading, Expanding Digital Identity Offerings

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KEY TAKEAWAYS

  • Kraken has launched trading for Matchain (MAT), a decentralized AI-powered blockchain platform focused on digital identity.
  • Users can start trading MAT by depositing through supported networks on Kraken to avoid loss of funds.
  • Matchain aims to integrate AI technology for digital identity management, unifying Web2 and Web3 logins into a single decentralized identifier.
  • Kraken will enable trading via its App and Instant Buy once liquidity conditions are met, with geographic restrictions possibly applying.

Kraken has announced that Matchain (MAT) is now available for trading on its platform. Trading for MAT went live at 14:00 UTC on June 19, 2025. This addition allows users to engage with a decentralized AI-powered blockchain platform focused on digital identity.

To start trading MAT, users can navigate to the ‘Funding’ section of their Kraken account, select MAT, 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 Matchain (MAT)

Matchain is a blockchain platform that integrates AI technology to enhance digital identity management. It aims to unify Web2 and Web3 logins into a single decentralized identifier (DID), providing users with full control and monetization of their data. The platform’s AI-enhanced profiling and partnerships, such as with PSG, aim to bridge identity, data sovereignty, and real-world utility across various blockchain networks.

Kraken has noted that trading 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. Additionally, geographic restrictions may apply to trading MAT.

Future Asset Listings on Kraken

Kraken has a policy of not disclosing details about future asset listings until shortly before their launch. All available tokens can be found on Kraken’s platform, and future listings will be announced on their Listings Roadmap and social media profiles. Kraken’s client engagement specialists are unable to provide information about potential future listings.

For more details on the MAT listing, visit the official announcement here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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