Kraken Lists VeChain’s VET Token

January 2, 2025 – Kraken has officially launched trading support for VeChain’s native token, VET, marking a fresh exchange listing as crypto markets open 2026 with renewed optimism. The listing went live on January 2, allowing users to buy and sell VET on Kraken’s spot market, subject to regional availability. As a result, VeChain gains exposure on one of the industry’s longest-running and most compliance-focused exchanges.

Kraken announced the addition through its official channels, highlighting VET’s role in powering the VeChainThor blockchain. The move comes amid improving sentiment across digital assets, driven by regulatory clarity and rising institutional participation.

Market Reaction

Following the announcement, VET posted a positive short-term response. The token rose approximately 6% in the 24 hours after the listing, trading near $0.011. Meanwhile, VeChain’s market capitalization climbed toward $800 million, based on a circulating supply of roughly 72.7 billion VET.

Trading activity also picked up as the news circulated across social platforms. Although Kraken did not immediately confirm advanced features such as margin trading or derivatives, the availability of fiat and crypto pairs broadened access for both retail and professional users.

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Skepticism & Risks

Despite the upbeat response, some limitations remain. Kraken applies geographic restrictions, and certain regions may face reduced functionality or limited access to advanced trading tools. Therefore, the listing does not automatically translate into universal liquidity.