# Kraken App Adds Support for Onchain Trading

*Author: Bankless*
*Published: Jun 18, 2026*
*Source: https://www.bankless.com/de/read/news/kraken-app-adds-support-for-onchain-trading*

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Kraken just launched [onchain token trading](https://blog.kraken.com/product/onchain-trading/now-built-into-the-kraken-app) natively inside its existing app, giving eligible users in the U.S. and +100 countries access to roughly 2,500 Solana-based tokens, including early-stage assets not yet listed on CEXes. 

## **What's the Scoop?**
- **How It Works:** The feature is powered by Privy's embedded wallet technology and Solana DEX protocols running under the hood, meaning trades settle onchain but users never have to touch a seed phrase, manage gas, or leave the app. Onchain holdings show up in the same portfolio view as a user's regular Kraken assets, with trading denominated in USD or USDC.
- **Who It's For:** Kraken is pitching this at two audiences: crypto newcomers who've been put off by the technical overhead of DeFi, and experienced users who want a single place to manage both CEX and onchain positions. The self-custody angle is worth noting, as Kraken holds neither the assets nor the private keys, and tokens available through the DEX integration haven't been vetted or approved by Kraken itself.
- **What's Next:** The launch covers Solana protocols only for now, with support for more chains planned down the line.
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