Kraken's Layer-2 Network, Ink, Officially Launches
Kraken has launched its layer-2 network, Ink, ahead of schedule, promising new opportunities for users and developers in the crypto space.
Kraken has officially launched its layer-2 network named Ink this Wednesday, a move that comes ahead of its initial schedule of early 2025.
Key Points:
- The blockchain utilizes Optimism’s OP Stack, allowing developers to build tailored rollups using Optimism’s technology.
- Kraken has accepted 25 million OP tokens from the Optimism Foundation as part of their collaboration.
This launch positions Kraken in direct competition with other prominent players in the market, particularly Coinbase, which announced its own OP Stack layer-2 network, named Base, earlier.
"We’re excited to announce Ink is live on mainnet! Months ahead of schedule, we’re officially launching as part of the Optimism Superchain. This is just the beginning of our journey to bridge the gap between users and builders in DeFi. Let’s ink the future together ✍️" - @inkonchain
The team at Kraken is pushing forward with new applications and opportunities for builders and users alike,
For more information, check out the detailed report here.
