Kraken has officially listed Binance Coin (BNB), marking a pivotal expansion in U.S. and European crypto markets. Changpeng "CZ" Zhao, founder of Binance, announced the development on X, applauding Kraken's move and its positive impact on BNB's credibility and trading volume.
Kraken’s BNB listing arrives amid heightened competition among major exchanges. By adding BNB, Kraken strengthens liquidity options, particularly across key fiat and stablecoin pairs like USD and USDT. Community response has been largely enthusiastic, viewing the listing as a signal of evolving U.S. regulatory attitudes toward digital assets.
CZ commented:
"For many years, many centralized exchanges were reluctant to list BNB, missing out on its high trading volume. Now they are starting to catch up. While this intensifies competition for Binance, it benefits BNB itself. I am pleased to see Kraken start supporting BNB trading."
BNB maintains a strong market position, with a $84.84 billion market cap and a 24-hour trading volume of $1.51 billion, trading around $602.18 despite a slight 0.35% dip. Analysts suggest Kraken’s move could encourage more U.S. exchanges to list BNB, broadening its exposure and deepening liquidity across markets.