Kraken will launch an NFT platform

Representatives of the Kraken cryptocurrency exchange recently revealed that they are working on an NFT platform.

The industry is growing rapidly, and the exchange does not want to pass up the opportunity to offer services to its customers. Some of the transactions with NFT will be carried out offline, which will help reduce the cost of the transaction.

Despite falling cryptocurrencies, 2022 should be a good year for the NFT industry, according to Kraken CEO. There are many new promising projects of the Metaverse, including virtual land, buildings, outfits and other items. This is causing a constant increase in the demand for NFTs from users.

It is worth noting that Kraken does not have the palm in its decision to launch an NFT exchange and trading platform. Earlier, representatives of such large exchanges as Coinbase, FTX and Binance announced their desire to launch projects in this area.

News of the possible emergence of an API for trading in-game products has caused a huge stir in the cryptocurrency market. OpenSea, the currently leading platform, saw a significant increase in trading volumes by early September 2021. Even more impressive achievements lie ahead.

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