Thursday, April 25, 2024
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Kraken looking to ‘solve’ industry challenges amid layer-2 rumors

Crypto exchange Kraken neither confirmed nor denied rumors of the company’s plans to potentially release a layer-2 solution similar to what its competitor Coinbase did with the Base network earlier this year.The rumors were fueled by reports citing anonymous sources and a job posting from Kraken highlighting that the organization

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Polygon, Matter Labs, Nil Said to Be in Running for Kraken Layer-2 Blockchain

"We are enthusiastic about open source, layer-2 technologies, zero-knowledge proofs, multi-party computation, and continuously strive to explore the potential of on-chain scaling solutions," the job description reads. "The team has recently embarked on exploring how more protocols and decentralized applications can be integrated into Kraken." Source

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