Kraken adds on-chain trading for 2,500 Solana tokens

Kraken, the cryptocurrency exchange, has launched a new feature enabling direct on-chain trading for thousands of Solana-based tokens from within its main app. The service, which became available globally on June 18, 2026, provides access to approximately 2,500 tokens for users in the United States and over 100 other countries without requiring them to set up a separate external wallet.

This integration aims to simplify the process of trading decentralized assets, a task that typically involves creating a self-custody wallet, managing seed phrases, and navigating external decentralized exchange (DEX) platforms. Instead, Kraken’s app uses embedded wallet technology provided by Privy and routes trades through Solana DEX protocols. Users can execute trades using U.S. dollar or USDC balances through the standard Kraken buy and sell interface, with on-chain holdings appearing alongside their existing centralized exchange assets in a single portfolio view.

The launch targets users seeking access to newer or smaller projects from the Solana ecosystem that may not meet the criteria for centralized exchange listings. The company noted that Solana's low transaction fees and fast...