Kraken lists OMI for trading
Cryptocurrency exchange lists the digital asset issued by ECOMI for use in the VeVe collectables ecosystem, with trading to open once liquidity conditions are met
Kraken, a US-based cryptocurrency exchange, has made the OMI token available for trading on its platform, expanding access to a digital asset linked to the online collectibles market.
In a statement, the company said OMI is issued by ECOMI and is designed for use within the VeVe ecosystem, a platform focused on licensed digital collectibles.
Kraken said customers can add OMI to their accounts by navigating to the Funding section, selecting the asset and choosing “Deposit”. The exchange warned that deposits must be made using networks supported by Kraken, adding that tokens sent via unsupported networks would be lost.
Trading through the Kraken app and its Instant Buy feature will be enabled once liquidity conditions are met. The company said this requires a sufficient number of buyers and sellers to ensure orders can be matched efficiently. It added that availability may be subject to geographic restrictions.
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Kraken said it does not disclose details of future asset listings until shortly before launch and that its client engagement specialists are unable to comment on which tokens may be added next.
The listing comes as exchanges continue to broaden their token offerings amid renewed interest in digital assets tied to gaming, collectibles and consumer-facing blockchain applications.
The Recap
- Kraken has opened trading for the OMI token.
- ECOMI is the issuer of the OMI token.
- App and Instant Buy require sufficient liquidity before activation.
