Investment platform Kraken has rolled out an enhancement to its mobile application, enabling users to engage in on-chain trading of thousands of tokens directly within the familiar platform. This update, announced on June 18, 2026, eliminates many traditional hurdles associated with decentralized finance, making more advanced crypto opportunities more accessible to everyday investors.
Eligible customers in the United States and over 100 other countries can now buy, sell, and hold more than 2,500 Solana-based tokens straight from the Kraken app.
This selection includes numerous emerging assets that have yet to appear on any centralized exchange, providing early access to innovative projects and fast-moving communities that often form around new launches.
The new feature stands out for its simplicity.
Users no longer need to manage separate wallets, remember seed phrases, switch between multiple applications, or handle complex bridging and gas fee processes.
On-chain positions integrate seamlessly into the existing portfolio view alongside traditional Kraken holdings, creating a unified experience.
Trading occurs in USD or USDC through the app’s standard interface, while the underlying technology—leveraging embedded wallet solutions from Privy and established Solana decentralized exchange protocols—operates transparently in the background.
This development addresses a long-standing gap in crypto adoption.
New tokens frequently debut on blockchain networks each week, but participating in these early markets previously required technical expertise that deterred many potential users.
By embedding on-chain capabilities, Kraken lowers these barriers without compromising the decentralized nature of the transactions.
Kamo Asatryan, Chief Data Officer of Payward and Global Head of Consumer, said:
“Buying, holding, and selling crypto should feel straightforward, regardless of the sophisticated technology powering it. We aim to remove intimidation from elements like bridges or transaction fees, enabling both newcomers and seasoned participants to explore decentralized markets conveniently in one place.”
Importantly, the on-chain trading operates on a self-custodial basis. Kraken does not control users’ private keys or hold the assets involved.
Transactions execute through third-party decentralized protocols, meaning the exchange cannot guarantee execution details, fill rates, timing, or prices.
Token availability stems from DEX listings, and Kraken has not conducted reviews or approvals of individual assets.
As with all cryptocurrency activities, prices remain highly volatile, and users could potentially lose their entire investment.
The rollout begins with the Solana ecosystem, with plans to incorporate additional blockchain networks in the coming months.
This phased expansion will gradually broaden the range of on-chain opportunities available to global users. For many in the crypto space, this integration represents a significant step toward mainstream usability.
It combines the security and innovation of decentralized protocols with the convenience of a trusted, established platform.
As the feature gains traction, it could help bridge the divide between centralized and decentralized trading environments, potentially accelerating broader participation in the evolving digital asset landscape. Users looking to explore the capability can access it through the latest version of the Kraken app, subject to jurisdictional availability.