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Kraken opens trading in Brevis token

Cryptocurrency exchange Kraken has opened trading for the BREV token on its platform, with the market going live this week.

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by Defused News Writer
Kraken opens trading in Brevis token
Photo by Markus Winkler / Unsplash

Kraken said trading in Brevis, or BREV, is live on its platform from January 6 2025.

The company said users can add BREV through the Funding section by selecting the asset and choosing the deposit option. Kraken warned that deposits must be made using supported blockchain networks, adding that funds sent via unsupported networks may be lost.

Kraken said Brevis is a verifiable computing protocol that enables complex off-chain computation with on-chain verification using zero-knowledge proofs. It said the network supports decentralised finance, data analytics, cross-chain interoperability and verifiable artificial intelligence through its Pico zero-knowledge virtual machine and ZK Data Coprocessor.

According to Kraken, the BREV token is used within the Brevis network for payments, staking and governance.

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The exchange said trading through the Kraken app and Instant Buy feature will become available once liquidity conditions are met, adding that geographic restrictions may apply.

Kraken said it does not disclose future asset listings until shortly before launch and that its client engagement teams are unable to comment on potential future listings.

The Recap

  • Kraken listed the BREV token for trading on its exchange.
  • Trading went live on January 6, 2025, the company said.
  • App trading and Instant Buy will await sufficient market liquidity.
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by Defused News Writer

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