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Kraken launching NFT platform

Cryptocurrency exchange from the United States — Kraken is planning to launch the NFT marketplace by the end of 2021 or already in the first quarter following year. The news was announced by Jessy Powell on Yahoo Finance. 

Investment opportunity with Raison Asset ManagementKraken

Raison Asset Management has invested in Kraken in November 2020 at $21,9 per share. Currently, shares are valued on a secondary market at $67,5 what provides 208% of return to investors. 

The NFT market has experienced explosive growth this year. McDonald’s, Nike, Coca-Cola, NBA — not to mention the numerous companies that create video games have introduced their own non-fungible tokens.

Kraken’s main competitor, the American crypto exchange Coinbase, announced the upcoming launch of the NFT platform in October this year and invited those who wish to sign up for a waiting list. In 48 hours, 1.4 million users did it.

Interest in NFT turned even stronger when Facebook CEO Mark Zuckerberg renamed the company Meta and declared that the future of humanity lies in the metaverse. NFTs defining the rights to a virtual property should become an important part of the metaverse.