- Kraken is bringing Hedera EVM and the Hedera Token Service (HTS) to its platform, permitting the trade to help direct withdrawals and deposits of HTS-native tokens.
- Kraken just lately launched regulated perpetual futures contracts based mostly on tokenized inventory, and Flexline, a crypto-backed mortgage product for skilled merchants.
Kraken is increasing its crypto protection, integrating Hedera and its native tokens onto its trade community. The trade introduced this week that it intends to introduce Hedera EVM and HTS to its platform.
Within the announcement, Kraken described Hedera as a community that gives immediate finality, low mounted charges and over 10,000 transactions per second.
New community integration: Hedera EVM and HTS are coming quickly to Kraken@hedera is a public, proof-of-stake community constructed on hashgraph consensus providing immediate finality, low mounted charges, and 10K+ TPS. pic.twitter.com/qTFJweJxTG
— Kraken Listings (@krakenlistings) February 25, 2026
Hedera EVM refers back to the community’s deployment of the Ethereum Digital Machine, which permits the community’s builders to deploy and function Ethereum-style good contracts. In observe, builders can deploy Solidity good contracts on Hedera, use instruments like MetaMask and port dApps constructed on Ethereum with minimal adjustments to their coding.
HTS is the Hedera Token Service, a local service on the community that builders use to mint and handle tokens on the protocol stage, somewhat than by writing good contracts first, as is the case with Ethereum’s ERC20 tokens. This enables builders to keep away from good contract danger and retains the charges for transferring these tokens low and predictable.
The announcement comes days after Axelar introduced that it had built-in Hedera, giving it entry to greater than 60 blockchains. As CNF reported, the partnership permits Hedera community functions to faucet into the liquidity of different networks, together with the Ethereum DeFi sector. Two weeks in the past, Hedera welcomed FedEx as the newest member of its governing council, becoming a member of others like Google, IBM, Dell and Boeing.
Kraken Launches 24/7 Perpetuals for Tokenized Inventory
The Hedera partnership is the newest for Kraken because the trade expands past its conventional crypto spot buying and selling roots. This week, it revealed that it was launching perpetual futures contract buying and selling based mostly on tokenized shares.
At launch, the product won’t be out there in Kraken’s house market of the US, however will serve over 100 nations. The contracts will monitor the digitized variations of common US shares and ETFs, together with Apple, Tesla, Nvidia and State Avenue’s gold ETF. It is going to be based mostly on xStocks, a product developed by Swiss firm Backed Finance, which Kraken acquired in December final yr.
“That is what it appears like when conventional markets are rebuilt for a crypto-native, always-on world, not a second too quickly given the volatility that each one markets are exhibiting,” said Mark Greenberg, the worldwide head of shopper merchandise on the trade.
Kraken’s entry underscores the rising essential of perpetuals buying and selling, which now dominates crypto derivatives. Market knowledge reveals that decentralized perpetual buying and selling platforms recorded over $600 billion in January, with Hyperliquid main the pack.
Elsewhere, the trade additionally introduced the launch of Flexline, a brand new product that gives crypto-backed loans with a most phrases of two years. Customers can commerce their funds on the trade or withdraw them, however the brand new product is just not out there within the US, the UK, Australia, Brazil or the UAE.
