KEY TAKEAWAYS
- Kraken has launched trading for Merlin Chain (MERL), expanding its cryptocurrency offerings.
- Merlin Chain (MERL) enhances the Bitcoin ecosystem with Layer 2 solutions like ZK-Rollups and decentralized oracle networks.
- Trading on Kraken’s platform requires users to deposit MERL tokens into supported networks to avoid loss.
- Future asset listings on Kraken will be announced via their Listings Roadmap and social media.
Kraken has announced that Merlin Chain (MERL) is now available for trading on its platform. The trading went live on Thursday, July 3, 2025. This addition marks a significant expansion of Kraken’s cryptocurrency offerings, providing users with more options for trading and investment.
To start trading MERL, users can add the asset to their Kraken account by navigating to the Funding section, selecting MERL, and clicking ‘Deposit’. It is crucial for users to ensure that they deposit their tokens into networks supported by Kraken, as deposits made using unsupported networks will be lost.
Understanding Merlin Chain (MERL)
Merlin Chain (MERL) is a Layer 2 solution designed to enhance the Bitcoin ecosystem. It integrates advanced technologies such as ZK-Rollups, decentralized oracle networks, and fraud proofs. These technologies aim to improve scalability and utility, allowing native Bitcoin assets and protocols to operate on Layer 2. This functionality is intended to facilitate broader application development and increase the capabilities of Bitcoin’s Layer 1 infrastructure.
Trading Availability and Future Listings
Trading via the Kraken App and Instant Buy will be available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must enter the market for their orders to be efficiently matched. Additionally, geographic restrictions may apply to certain users.
Kraken has a policy of not revealing details about future asset listings until shortly before launch. However, all available tokens can be found on Kraken’s platform, and future tokens will be announced on their Listings Roadmap and social media profiles. For more information, you can visit the official announcement here.
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