Kraken Launches 70 Ethereum, Solana NFT Collections on New ‘Gasless’ Marketplace

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Kraken, the world’s sixth-largest cryptocurrency exchange, is launching its new NFT marketplace today, even as sales for digital collectibles continue to drop. The exchange is hoping to entice current and would-be NFT collectors with its promise of gas-less transactions on Kraken—a sweet incentive likely aimed at cost-conscious buyers amid record worldwide inflation, which, coupled with crypto’s penchant for volatility, has left the industry in tatters. But Kraken is not daunted, with a company spokesperson reiterating its belief that NFTs are here to stay, saying: “We’re ...

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