San Francisco – Cryptocurrency exchange Kraken has officially announced the immediate availability of Hedera (HBAR) for trading, effective July 10, 2025, at 14:00 UTC. The listing marks an expansion of Kraken's digital asset offerings, providing its extensive user base with access to the native token of the Hedera network. Kraken shared the news via its official social media channels, stating, "> $HBAR is finally live on Kraken. Explore @hedera, built for the digital economy. Start trading now.
Hedera (HBAR) serves as the native token for the Hedera public distributed ledger, which leverages Hashgraph technology. This innovative consensus model, known as asynchronous Byzantine Fault Tolerance (aBFT), is designed to deliver high throughput and low latency, addressing common scalability challenges found in traditional blockchain systems. HBAR is primarily utilized for transaction fees, staking, and governance within the Hedera ecosystem.
Kraken, a prominent global cryptocurrency exchange, continues to broaden its portfolio and services. The platform has recently expanded its reach, including local funding options in Argentina and Mexico, and has introduced new financial products such as FX perpetual futures and tokenized versions of U.S. stocks and ETFs. Kraken also ranked second in Kaiko's Q2 2025 Exchange Ranking, underscoring its significant presence and growing influence in the digital asset market.
The addition of HBAR to Kraken's trading pairs is expected to enhance the token's liquidity and accessibility for a wider range of investors. While major exchange listings can often lead to increased trading volume and potential price movements, the impact on well-established projects like Hedera may vary. Users are advised to deposit HBAR tokens only through networks supported by Kraken, and geographic restrictions may apply to trading.
Kraken maintains a policy of not disclosing details about future asset listings until shortly before their launch, but the exchange has indicated its continuous commitment to expanding its available tokens. This listing reinforces Kraken's role in facilitating broader participation in the evolving digital economy.