Kraken Integrates Solana DEX Trading into Main App, Advancing “DeFi Mullet” Strategy

TechFlow News: On June 18, according to The Block, Kraken officially launched its on-chain DEX trading functionality. Users can now directly access thousands of tokens within the Solana ecosystem through Kraken’s main application without leaving their familiar interface. This launch is powered by Kraken’s embedded wallet infrastructure Privy and several leading Solana DEX protocols. DEX assets will be displayed alongside existing assets in the portfolio view, and users can trade using their USD or USDC balances. Kraken stated that it plans to expand DEX functionality to additional ecosystems in the future.