Top cryptocurrency exchange Kraken has launched cross-chain trading through its mobile app for nearly 2,500 Solana-based tokens, giving users in the US and over 100 other countries access to digital asset trading on the Solana DEX without the need for a new wallet.
The exchange uses Privy’s built-in wallet infrastructure and will route trades via Solana Decentralized exchange Protocols, according to the stock exchange announcement. Users can buy and sell tokens using USD or USDC, and on-chain holdings appear alongside their current central exchange balances in a single wallet view.
Marriage of centralization and decentralization
Most cryptocurrencies launched on the Solana blockchain do not make it to central exchange listings and are traded purely on-chain, with communities quickly forming around them and having a relatively short lifespan. Users have to create new wallets with new seed statements, link assets between chains while dealing with gas fees just to access and trade these decentralized assets. This process filters out most interested users, as they do not have the technical knowledge necessary to run such a process.
The Kraken integration makes this process easier for its clients, all while keeping trading on-chain and decentralized. The exchange stated in its announcement that trading remains entirely user-driven, and that Kraken does not hold the private keys of users or the assets themselves.
Transactions are executed through third-party DEX protocols Kraken It acts only as a platform and does not control the execution, timing of order filling or price.
“Buying, holding and selling cryptocurrencies should be simple, even when the technology behind them is powerful,” Camo Asatrian, Payward’s chief data officer and global head of consumer affairs, said in a blog post. “No one should feel intimidated by bridges, gas fees, or other technical barriers to using on-chain markets.”
Kraken emphasizes caution and plans further expansion
Kraken has stressed that traders should be careful and mentioned the restrictions imposed on the new service. The exchange stated that the tokens available through the DEX integration have not been reviewed or approved by Kraken itself, and the listing of any tradable tokens is not an endorsement or recommendation of investment.
The disclosure warned that token prices are volatile, and users could lose their entire investment. The feature is also not classified as a regulated financial product.
Access Solanaverse on Kraken.
More than 2,500 tokens are yet to be released on major exchanges.
Find the token you want, click and trade.
No additional wallets, no seed phrases, and no complicated setup.
Cross-chain trading is now live in the Kraken app ⤵️https://t.co/nKxDsDOROY pic.twitter.com/NzBUVsCJVd
– Kraken (@krakenfx) June 18, 2026
Solana is the first network supported click-and-trade service on the stock exchange’s mobile app. The exchange said it plans to expand to additional blockchains over time, but did not name specific chains or provide a timeline.
The new move puts Kraken alongside competitors like Coinbase, which is expanding its on-chain and wallet offerings, with growing demand among centralized exchange users to access the DEX and trade globally.
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