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🚨🇬🇧 LONDON IS PUTTING STOCKS ON THE BLOCKCHAIN. London Stock Exchange Group one of the biggest names in traditional finance is teaming up with Kraken’s parent company, Payward, to push deeper into tokenized equities. 🏛️ Traditional stocks ⬇️ ⛓️ Tokenized on blockchain ⬇️ 🌍 Global access ⬇️ 🕐 Moving toward 24-hour trading Even bigger: xStocks are expected to launch on LSE 24 in 2027, subject to regulatory approval. Crypto spent years trying to enter traditional finance. Now traditional finance is starting to move onto blockchain rails. 🔥 Tokenization is no longer just a crypto narrative. It’s becoming financial infrastructure. #Crypto #Tokenization #Blockchain #RWA #Kraken $ENA $UNI $XRP
🚨🇬🇧 LONDON IS PUTTING STOCKS ON THE BLOCKCHAIN.

London Stock Exchange Group one of the biggest names in traditional finance is teaming up with Kraken’s parent company, Payward, to push deeper into tokenized equities.

🏛️ Traditional stocks
⬇️
⛓️ Tokenized on blockchain
⬇️
🌍 Global access
⬇️
🕐 Moving toward 24-hour trading

Even bigger: xStocks are expected to launch on LSE 24 in 2027, subject to regulatory approval.

Crypto spent years trying to enter traditional finance. Now traditional finance is starting to move onto blockchain rails.

🔥 Tokenization is no longer just a crypto narrative. It’s becoming financial infrastructure.

#Crypto #Tokenization #Blockchain #RWA #Kraken $ENA $UNI $XRP
Payward, Kraken’s parent, delays its U.S. IPO to Q2 2027 at the earliest, signaling ongoing headwinds for crypto listings. After confidentially filing last November, IPO plans have been paused amid difficult market conditions. What this means for liquidity and investor sentiment in crypto remains to be seen. $BTC #CryptoNews #IPO #Kraken
Payward, Kraken’s parent, delays its U.S. IPO to Q2 2027 at the earliest, signaling ongoing headwinds for crypto listings. After confidentially filing last November, IPO plans have been paused amid difficult market conditions. What this means for liquidity and investor sentiment in crypto remains to be seen. $BTC #CryptoNews #IPO #Kraken
Kraken’s IPO has been pushed back again. Its parent company, Payward, has most recently said that the IPO timeline will be delayed to no earlier than the second quarter of 2027. Last November, it quietly filed for an IPO with U.S. regulators. After that, amid challenging market conditions, it was put on hold for a time—now it’s been postponed again. This is already the nth episode of the Kraken IPO rumor. From “it’ll go up this year” to “maybe next year” and now “see you in 2027,” the listing window for the industry’s leading exchange appears to be much narrower than anyone expected. What’s interesting is that the broader environment doesn’t look too bad: Bitcoin rose 25% in August, and ETFs logged their best month of the year. But the primary market is clearly more cautious—or, more precisely, uncertainty around regulation and compliance has made the “exchange story” less easy to sell in the secondary market. Even top players are waiting for a more stable window. For other crypto firms in the queue, they’ll probably need even more patience. #Kraken #IPO #cryptomarket
Kraken’s IPO has been pushed back again.

Its parent company, Payward, has most recently said that the IPO timeline will be delayed to no earlier than the second quarter of 2027. Last November, it quietly filed for an IPO with U.S. regulators. After that, amid challenging market conditions, it was put on hold for a time—now it’s been postponed again.

This is already the nth episode of the Kraken IPO rumor. From “it’ll go up this year” to “maybe next year” and now “see you in 2027,” the listing window for the industry’s leading exchange appears to be much narrower than anyone expected.

What’s interesting is that the broader environment doesn’t look too bad: Bitcoin rose 25% in August, and ETFs logged their best month of the year. But the primary market is clearly more cautious—or, more precisely, uncertainty around regulation and compliance has made the “exchange story” less easy to sell in the secondary market.

Even top players are waiting for a more stable window. For other crypto firms in the queue, they’ll probably need even more patience. #Kraken #IPO #cryptomarket
Kraken’s IPO plans are taking a long time to materialize. The parent company, Payward, decided to postpone its initial public offering. Now, the estimated date is the second quarter of 2027 at the earliest. They had already paused the process last year due to market conditions. It’s interesting to see how they adjust their timing in such a volatile environment. Do you think this is the right decision for the exchange? $BTC #Kraken #IPO
Kraken’s IPO plans are taking a long time to materialize.

The parent company, Payward, decided to postpone its initial public offering.
Now, the estimated date is the second quarter of 2027 at the earliest.

They had already paused the process last year due to market conditions.
It’s interesting to see how they adjust their timing in such a volatile environment.

Do you think this is the right decision for the exchange?

$BTC #Kraken #IPO
🔥 Report: #Kraken — Parent company Payward has reached a cooperation with the London Stock Exchange, planning to tokenize and bring on-chain the stocks of the UK’s top 100 listed companies via its #xStocks platform. This cooperation may open up new market opportunities for global investors. With #RWA technology, traditional stocks could enter the on-chain ecosystem in a more flexible way, lowering the barrier to investment participation. On-chain assets offer 7×24 hour accessibility, low-cost trading, greater transparency, and global participation—redefining the boundaries of traditional finance. $BTC
🔥 Report: #Kraken — Parent company Payward has reached a cooperation with the London Stock Exchange, planning to tokenize and bring on-chain the stocks of the UK’s top 100 listed companies via its #xStocks platform.

This cooperation may open up new market opportunities for global investors. With #RWA technology, traditional stocks could enter the on-chain ecosystem in a more flexible way, lowering the barrier to investment participation.

On-chain assets offer 7×24 hour accessibility, low-cost trading, greater transparency, and global participation—redefining the boundaries of traditional finance.
$BTC
Hyperliquid is in talks with Kraken’s parent company, aiming to leverage its channels to enter the U.S. market. As soon as the news broke, the project’s token $HYPE surged, briefly topping $87 during the day and setting a new all-time high. Meanwhile, the local project PURR associated with Hyperliquid also jumped 5.5% thanks to this wave of momentum. Market expectations for the Layer1 derivatives track are clearly heating up. If Hyperliquid successfully gains access to the U.S. market, it would be a major positive for the entire derivatives sector—after all, compliance has always been the sword of Damocles hanging overhead. Do you hold $HYPE ? What do you think about the prospects of this partnership? #Hyperliquid #Kraken #cryptocurrency
Hyperliquid is in talks with Kraken’s parent company, aiming to leverage its channels to enter the U.S. market. As soon as the news broke, the project’s token $HYPE surged, briefly topping $87 during the day and setting a new all-time high.

Meanwhile, the local project PURR associated with Hyperliquid also jumped 5.5% thanks to this wave of momentum. Market expectations for the Layer1 derivatives track are clearly heating up. If Hyperliquid successfully gains access to the U.S. market, it would be a major positive for the entire derivatives sector—after all, compliance has always been the sword of Damocles hanging overhead.

Do you hold $HYPE ? What do you think about the prospects of this partnership?

#Hyperliquid #Kraken #cryptocurrency
🚨 Is the London Stock Exchange also going on-chain? Kraken’s parent company has announced a major move—UK stocks might get new ways to trade in 2027! Group: [点击进入玖玖的粉丝群](https://app.binance.com/uni-qr/UaxtSTYi) Traditional finance and the crypto market are showing an increasingly clear intersection.👀 According to reports, the London Stock Exchange Group plans to cooperate with Kraken’s parent company, Payward, with the goal of launching tokenized UK stock products in 2027. Simply put: take real UK exchange-listed stocks, convert them via blockchain into digital assets that can be traded on-chain. Here’s a key point: This is still a plan at the moment, not a product that’s already live. But if it eventually goes live, its significance could be bigger than a brand-new product. In the past, stock trading and crypto asset trading were basically two completely different systems. Stocks rely on traditional exchanges, brokers, and clearing systems, while crypto assets run on blockchain networks. Now, the two systems are slowly converging.⚡ Kraken’s parent company has already launched tokenized stock products such as xStocks, and continues to expand into markets including Hong Kong, the UK, and South Korea. Platforms like Coinbase are also exploring tokenized stocks. This means a new competition is emerging: Who can connect traditional stocks, blockchain, and global investors first? The biggest room for imagination with tokenized stocks lies in trading efficiency. In theory, on-chain assets can enable faster settlement and break through some of the time limitations of traditional markets’ trading windows. For crypto users, in the future they may not need to constantly switch between traditional financial accounts and on-chain wallets to access more real-world assets. And for traditional financial markets, blockchain could become the next-generation foundation infrastructure for asset issuance and settlement. That’s also why the London Stock Exchange is getting involved—especially worth paying attention to. But the real challenges are still ahead.⚠️ Tokenized stocks aren’t just about “turning a stock into a Token.” Behind the scenes are issues involving securities ownership, custody, clearing, investor protection, and regulatory approvals. Tap the avatar to watch the live stream + join the “玖玖聊天群” to get daily strategies 🚀 #RWA #Kraken
🚨 Is the London Stock Exchange also going on-chain?
Kraken’s parent company has announced a major move—UK stocks might get new ways to trade in 2027!

Group: 点击进入玖玖的粉丝群

Traditional finance and the crypto market are showing an increasingly clear intersection.👀
According to reports, the London Stock Exchange Group plans to cooperate with Kraken’s parent company, Payward, with the goal of launching tokenized UK stock products in 2027.

Simply put: take real UK exchange-listed stocks, convert them via blockchain into digital assets that can be traded on-chain.
Here’s a key point:
This is still a plan at the moment, not a product that’s already live. But if it eventually goes live, its significance could be bigger than a brand-new product. In the past, stock trading and crypto asset trading were basically two completely different systems. Stocks rely on traditional exchanges, brokers, and clearing systems, while crypto assets run on blockchain networks.

Now, the two systems are slowly converging.⚡
Kraken’s parent company has already launched tokenized stock products such as xStocks, and continues to expand into markets including Hong Kong, the UK, and South Korea. Platforms like Coinbase are also exploring tokenized stocks. This means a new competition is emerging:

Who can connect traditional stocks, blockchain, and global investors first?
The biggest room for imagination with tokenized stocks lies in trading efficiency.
In theory, on-chain assets can enable faster settlement and break through some of the time limitations of traditional markets’ trading windows. For crypto users, in the future they may not need to constantly switch between traditional financial accounts and on-chain wallets to access more real-world assets.
And for traditional financial markets, blockchain could become the next-generation foundation infrastructure for asset issuance and settlement.

That’s also why the London Stock Exchange is getting involved—especially worth paying attention to.
But the real challenges are still ahead.⚠️
Tokenized stocks aren’t just about “turning a stock into a Token.”
Behind the scenes are issues involving securities ownership, custody, clearing, investor protection, and regulatory approvals.

Tap the avatar to watch the live stream + join the “玖玖聊天群” to get daily strategies 🚀
#RWA #Kraken
Verified
Article
🚨Breaking News: Hyperliquid is nearing entry into the U.S. market via the Kraken gateway!Bloomberg reports that the well-known decentralized futures platform Hyperliquid Labs is holding advanced talks with Payward (the parent company of the Kraken platform) to open the doors for traders in the United States. [1, 2] ➡️ Deal details in the pipeline: Regulatory Gateway (Bitnomial): This partnership will enable American traders to trade perpetual futures contracts (Perpetual Futures) for certain digital currencies built on the Hyperliquid blockchain.

🚨Breaking News: Hyperliquid is nearing entry into the U.S. market via the Kraken gateway!

Bloomberg reports that the well-known decentralized futures platform Hyperliquid Labs is holding advanced talks with Payward (the parent company of the Kraken platform) to open the doors for traders in the United States. [1, 2]
➡️ Deal details in the pipeline:
Regulatory Gateway (Bitnomial): This partnership will enable American traders to trade perpetual futures contracts (Perpetual Futures) for certain digital currencies built on the Hyperliquid blockchain.
Hyperliquid is in talks with Kraken’s parent company, planning to enter the U.S. market through a collaboration—this news directly drove up ecosystem tokens. After the news broke, $HYPE surged all the way up, topping out at $87, setting a new all-time high, while the related asset PURR also rose by 5.5% in tandem. Endorsement from a traditional crypto exchange giant plus a compliant entry into the U.S. market is undoubtedly a major step forward for Hyperliquid. If it materializes, it could attract more traditional capital to enter; subsequent developments are worth watching closely. #Hyperliquid #Kraken #Crypto
Hyperliquid is in talks with Kraken’s parent company, planning to enter the U.S. market through a collaboration—this news directly drove up ecosystem tokens.

After the news broke, $HYPE surged all the way up, topping out at $87, setting a new all-time high, while the related asset PURR also rose by 5.5% in tandem.

Endorsement from a traditional crypto exchange giant plus a compliant entry into the U.S. market is undoubtedly a major step forward for Hyperliquid. If it materializes, it could attract more traditional capital to enter; subsequent developments are worth watching closely.

#Hyperliquid #Kraken #Crypto
Hyperliquid is in talks with Kraken’s parent company about a partnership, with plans to enter the U.S. market through this approach. Triggered by this news, $HYPE surged higher today, briefly hitting a record high of 87. Its related native token, PURR, also rose in tandem by 5.5%. The entry of crypto projects into the U.S. market has long been a key focus for the industry. Finding a compliant path is always a major challenge. If this cooperation can be successfully implemented, it would not only bring Hyperliquid a larger user base and more liquidity, but also provide new ideas for other projects seeking to enter the U.S. market. The market has responded positively to this news. We can continue to track the progress of the ongoing negotiations to see whether it can ultimately be realized. #Hyperliquid #Kraken #Crypto market
Hyperliquid is in talks with Kraken’s parent company about a partnership, with plans to enter the U.S. market through this approach. Triggered by this news, $HYPE surged higher today, briefly hitting a record high of 87. Its related native token, PURR, also rose in tandem by 5.5%.

The entry of crypto projects into the U.S. market has long been a key focus for the industry. Finding a compliant path is always a major challenge. If this cooperation can be successfully implemented, it would not only bring Hyperliquid a larger user base and more liquidity, but also provide new ideas for other projects seeking to enter the U.S. market.

The market has responded positively to this news. We can continue to track the progress of the ongoing negotiations to see whether it can ultimately be realized.

#Hyperliquid #Kraken #Crypto market
Hot, sizzling news! Hyperliquid is set to launch in the U.S. market—so who’s leading the way? Kraken! Hyperliquid Labs is in high-level negotiations with Payward (the parent company of Kraken) to provide its perpetual futures contracts in the U.S. via Payward’s Bitnomial exchange. If successful, U.S. traders will gain access to a selection of crypto derivatives products. This is an extremely strategic move. Payward has submitted this structure to the CFTC and is awaiting approval. This could open the first “legal” doorway for a leading crypto derivatives platform to enter the U.S. market. Don’t forget—President Trump once wanted to bring Hyperliquid to the U.S. in a compliant way. This seems like the answer! This won’t just increase the legality of DeFi derivatives; it also promises to pull in massive capital from the U.S., boost liquidity, and reshape the landscape of the crypto derivatives market. A major turning point for the industry! Could this be the start of a global wave of DeFi derivatives being legalized? #Hyperliquid #Kraken #Crypto $HFT
Hot, sizzling news! Hyperliquid is set to launch in the U.S. market—so who’s leading the way? Kraken!

Hyperliquid Labs is in high-level negotiations with Payward (the parent company of Kraken) to provide its perpetual futures contracts in the U.S. via Payward’s Bitnomial exchange. If successful, U.S. traders will gain access to a selection of crypto derivatives products.

This is an extremely strategic move. Payward has submitted this structure to the CFTC and is awaiting approval. This could open the first “legal” doorway for a leading crypto derivatives platform to enter the U.S. market.

Don’t forget—President Trump once wanted to bring Hyperliquid to the U.S. in a compliant way. This seems like the answer!

This won’t just increase the legality of DeFi derivatives; it also promises to pull in massive capital from the U.S., boost liquidity, and reshape the landscape of the crypto derivatives market. A major turning point for the industry!

Could this be the start of a global wave of DeFi derivatives being legalized?

#Hyperliquid #Kraken #Crypto
$HFT
Kraken reported a dust attack: 12,000 microtransactions arrived in its wallets in one week, many from wallets linked to HTX. The goal: to contaminate clean addresses with sanctioned funds and evade compliance. Who pulls the strings? #Kraken #Crypto #HTX
Kraken reported a dust attack: 12,000 microtransactions arrived in its wallets in one week, many from wallets linked to HTX. The goal: to contaminate clean addresses with sanctioned funds and evade compliance.

Who pulls the strings? #Kraken #Crypto #HTX
Kraken users were briefly locked out after a flood of sanctioned crypto transactions between Aug 17–24. The activity appears to have spread sanctioned funds to trigger account restrictions. Stay vigilant and monitor for unusual on-chain flows. $BTC #CryptoNews #Kraken #Regulation
Kraken users were briefly locked out after a flood of sanctioned crypto transactions between Aug 17–24. The activity appears to have spread sanctioned funds to trigger account restrictions. Stay vigilant and monitor for unusual on-chain flows. $BTC #CryptoNews #Kraken #Regulation
Users of crypto exchange Kraken were hit by a “dust attack” from HTX exchange addresses American crypto exchange Kraken temporarily limited access to an unspecified number of customer accounts after attackers sent thousands of microtransactions to their addresses from wallets associated with the crypto exchange HTX, which has been sanctioned by the US and the EU, Coindesk reports. The incident occurred from August 17 to 24 amid the EU ban on transactions involving HTX taking effect. According to analytics platform Arkham Intelligence, nearly 12,000 transactions in small amounts were sent from wallets identified as belonging to HTX to deposit addresses of Kraken customers—ranging from a few cents to a couple of dollars. In Kraken itself, they confirmed that they had faced an attack, the presumed goal of which was to trigger an automatic blocking of users’ accounts. HTX, advised by TRON blockchain founder Justin Sun, denied any involvement in the incident. The exchange said that an internal review found no connection between official accounts and the microtransactions. #Kraken #BİNANCE #Follow4more
Users of crypto exchange Kraken were hit by a “dust attack” from HTX exchange addresses

American crypto exchange Kraken temporarily limited access to an unspecified number of customer accounts after attackers sent thousands of microtransactions to their addresses from wallets associated with the crypto exchange HTX, which has been sanctioned by the US and the EU, Coindesk reports.

The incident occurred from August 17 to 24 amid the EU ban on transactions involving HTX taking effect. According to analytics platform Arkham Intelligence, nearly 12,000 transactions in small amounts were sent from wallets identified as belonging to HTX to deposit addresses of Kraken customers—ranging from a few cents to a couple of dollars.

In Kraken itself, they confirmed that they had faced an attack, the presumed goal of which was to trigger an automatic blocking of users’ accounts.

HTX, advised by TRON blockchain founder Justin Sun, denied any involvement in the incident. The exchange said that an internal review found no connection between official accounts and the microtransactions.

#Kraken
#BİNANCE
#Follow4more
Kraken users get temporarily locked out of their accounts after a series of penalized transactions - From August 17 to August 24, a series of penalized cryptocurrency transactions appeared on the Kraken exchange, causing many users to have their accounts temporarily locked. - This activity shows signs of intentionally spreading sanctioned funds to trigger account restrictions. - Kraken quickly handled the issue and restored access rights for affected users. - Specific details about the number of users and the extent of the impact have not been disclosed in the RSS source. #BinanceSquare #CryptoNews #Kraken #Security $btc $eth #vlikevn Titanbot Source: CoinDesk
Kraken users get temporarily locked out of their accounts after a series of penalized transactions

- From August 17 to August 24, a series of penalized cryptocurrency transactions appeared on the Kraken exchange, causing many users to have their accounts temporarily locked.
- This activity shows signs of intentionally spreading sanctioned funds to trigger account restrictions.
- Kraken quickly handled the issue and restored access rights for affected users.
- Specific details about the number of users and the extent of the impact have not been disclosed in the RSS source.

#BinanceSquare #CryptoNews #Kraken #Security

$btc $eth

#vlikevn Titanbot

Source: CoinDesk
🚨 Kraken under suspicion: in one week it received ~12,000 penny transfers from wallets linked to HTX. The exchange believes they are trying to launder sanctioned funds and bypass its anti-money-laundering system. Distraction or something bigger? ⛵ #BTC #Kraken #Crypto
🚨 Kraken under suspicion: in one week it received ~12,000 penny transfers from wallets linked to HTX. The exchange believes they are trying to launder sanctioned funds and bypass its anti-money-laundering system. Distraction or something bigger? ⛵ #BTC #Kraken #Crypto
🚨 WHALE ALERT: OVER $115M BTC WITHDRAWN FROM KRAKEN 🚨 A massive Bitcoin outflow straight from an exchange to a private wallet: 🔹 1,497 #BTC (~$115,727,156 USD) 🔹 Transfer: #Kraken ➡️ Unknown wallet (Cold Storage) 🔹 BTC Price: ~$77,265 Over $115 MILLION in Bitcoin just left Kraken! Are whales stacking and moving their coins to cold storage for long-term holding? 👀🔥 #Bitcoin #BTC #Crypto
🚨 WHALE ALERT: OVER $115M BTC WITHDRAWN FROM KRAKEN 🚨
A massive Bitcoin outflow straight from an exchange to a private wallet:
🔹 1,497 #BTC (~$115,727,156 USD)
🔹 Transfer: #Kraken ➡️ Unknown wallet (Cold Storage)
🔹 BTC Price: ~$77,265
Over $115 MILLION in Bitcoin just left Kraken! Are whales stacking and moving their coins to cold storage for long-term holding? 👀🔥

#Bitcoin #BTC #Crypto
Blockworks Research analyst Shaunda Devens’ latest post suggests that Kraken is likely to become the first centralized exchange to complete a compliant HIP-3 deployment. Currently, Hyperliquid is testing on its testnet by continuously adding compliance-related features. In addition to its basic whitelist mechanism, it has also introduced functions that allow the deploying party to cancel users’ orders, force liquidations in a reduce-only mode, transfer users’ collateral, and more. These permissions align well with the regulatory needs of compliant deployers. On the testnet, a test account named “Kraken HIP-3 test DEX” has already appeared. Its Star access control mechanism went live on August 19. So far, 10 wallets have been added to the whitelist, three of the five control permissions have been enabled, and a dedicated “Kraken Exchange Validator” node has also been registered. The analyst said that while it is still in the testnet stage and, in theory, anyone can create a DEX with any name without permission, when combined with the operations in this testnet and the fact that HyperCore previously expanded xStocks—held by Kraken’s parent company, Payward—everything points to Kraken likely being one of the top CEXs to test Hyperliquid’s newly added permissioned feature first. #Hyperliquid #Kraken #加密合规
Blockworks Research analyst Shaunda Devens’ latest post suggests that Kraken is likely to become the first centralized exchange to complete a compliant HIP-3 deployment.

Currently, Hyperliquid is testing on its testnet by continuously adding compliance-related features. In addition to its basic whitelist mechanism, it has also introduced functions that allow the deploying party to cancel users’ orders, force liquidations in a reduce-only mode, transfer users’ collateral, and more. These permissions align well with the regulatory needs of compliant deployers.

On the testnet, a test account named “Kraken HIP-3 test DEX” has already appeared. Its Star access control mechanism went live on August 19. So far, 10 wallets have been added to the whitelist, three of the five control permissions have been enabled, and a dedicated “Kraken Exchange Validator” node has also been registered.

The analyst said that while it is still in the testnet stage and, in theory, anyone can create a DEX with any name without permission, when combined with the operations in this testnet and the fact that HyperCore previously expanded xStocks—held by Kraken’s parent company, Payward—everything points to Kraken likely being one of the top CEXs to test Hyperliquid’s newly added permissioned feature first.

#Hyperliquid #Kraken #加密合规
Blockworks Research analyst shaunda devens’s latest post says that the Hyperliquid testnet is quietly adding a series of features that support compliant deployments—an important detail that could point to new industry developments. Besides the basic whitelist mechanism, the testnet has also added special permissions: allowing the deploying party to cancel users’ orders, force liquidation using only reduce-only orders, and transfer users’ collateral. These capabilities align closely with the regulatory permission requirements needed by compliance-focused platforms. Even more noteworthy is the appearance in the testnet of an account named “Kraken HIP-3 test DEX.” Its Star admission-control mechanism has been live since August 19. It has already added 10 wallets to the whitelist, enabled three of the five control permissions, and even registered a “Kraken Exchange Validator” node. The analyst further analyzes the context: previously, HyperCore expanded its xStocks product—owned by Kraken’s parent company, Payward. Although this is still at the testnet stage, in theory anyone could launch a DEX under any name. But when all the clues are taken together, Kraken is likely to be the first centralized exchange to test HyperCore’s newly added permission-based features, and it may even become the first centralized exchange to complete a compliant HIP-3 deployment. If this rollout materializes, what impact could it have on the crypto industry’s push toward compliance? Let’s discuss together. #加密合规 #Hyperliquid #Kraken
Blockworks Research analyst shaunda devens’s latest post says that the Hyperliquid testnet is quietly adding a series of features that support compliant deployments—an important detail that could point to new industry developments.

Besides the basic whitelist mechanism, the testnet has also added special permissions: allowing the deploying party to cancel users’ orders, force liquidation using only reduce-only orders, and transfer users’ collateral. These capabilities align closely with the regulatory permission requirements needed by compliance-focused platforms.

Even more noteworthy is the appearance in the testnet of an account named “Kraken HIP-3 test DEX.” Its Star admission-control mechanism has been live since August 19. It has already added 10 wallets to the whitelist, enabled three of the five control permissions, and even registered a “Kraken Exchange Validator” node.

The analyst further analyzes the context: previously, HyperCore expanded its xStocks product—owned by Kraken’s parent company, Payward. Although this is still at the testnet stage, in theory anyone could launch a DEX under any name. But when all the clues are taken together, Kraken is likely to be the first centralized exchange to test HyperCore’s newly added permission-based features, and it may even become the first centralized exchange to complete a compliant HIP-3 deployment.

If this rollout materializes, what impact could it have on the crypto industry’s push toward compliance? Let’s discuss together.

#加密合规 #Hyperliquid #Kraken
Kraken's IPO valuation fell from $20B to $13.3B while it delayed listing twice. Animoca just skipped the whole process for $1B. 🐢 The slow path: Kraken filed confidentially with the SEC in November 2025, aiming for Q1 2026. That slipped to Q3 2026, and recent reporting now points to 2027. Over the same stretch its implied valuation fell from $20B at filing to roughly $13.3B by April — a third gone while the exchange stayed private. 🐇 The fast path: Animoca Brands — the company behind The Sandbox ($SAND) — is going public via reverse merger with Currenc Group, a Nasdaq-listed shell, instead of filing its own S-1. Animoca shareholders would end up owning ~95% of the combined entity, a deal valued near $1B, targeted to close by end of 2026. 🔑 Why it matters: an S-1 IPO buys credibility through scrutiny — audited financials, an underwriter, months of SEC review — and Kraken is paying for that in time and valuation. A reverse merger buys speed by inheriting an already-public shell, skipping most of that review. Public markets have historically priced reverse mergers at a discount for that reason. 🧠 Our read: same tradeoff crypto keeps making everywhere — speed versus rigor — just in how companies list, not how tokens launch. Falsifiable: watch Animoca's post-merger trading and disclosure quality. Clean scrutiny means the shortcut worked; restatements or governance issues mean the discount was earned. Which would you trust more — the slow filing or the fast shell? Not financial advice. DYOR. #CryptoIPO #Animoca #Kraken #Listings
Kraken's IPO valuation fell from $20B to $13.3B while it delayed listing twice. Animoca just skipped the whole process for $1B.

🐢 The slow path: Kraken filed confidentially with the SEC in November 2025, aiming for Q1 2026. That slipped to Q3 2026, and recent reporting now points to 2027. Over the same stretch its implied valuation fell from $20B at filing to roughly $13.3B by April — a third gone while the exchange stayed private.

🐇 The fast path: Animoca Brands — the company behind The Sandbox ($SAND ) — is going public via reverse merger with Currenc Group, a Nasdaq-listed shell, instead of filing its own S-1. Animoca shareholders would end up owning ~95% of the combined entity, a deal valued near $1B, targeted to close by end of 2026.

🔑 Why it matters: an S-1 IPO buys credibility through scrutiny — audited financials, an underwriter, months of SEC review — and Kraken is paying for that in time and valuation. A reverse merger buys speed by inheriting an already-public shell, skipping most of that review. Public markets have historically priced reverse mergers at a discount for that reason.

🧠 Our read: same tradeoff crypto keeps making everywhere — speed versus rigor — just in how companies list, not how tokens launch. Falsifiable: watch Animoca's post-merger trading and disclosure quality. Clean scrutiny means the shortcut worked; restatements or governance issues mean the discount was earned.

Which would you trust more — the slow filing or the fast shell?

Not financial advice. DYOR.

#CryptoIPO #Animoca #Kraken #Listings
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