X @Kraken

Key Initiatives - Kraken is integrating INK, its Layer Two protocol's native token, into core products, signifying a new system design [1] - The company is embedding Ink directly into its product surface, including wallets, trading, and funding, to provide lower fees and faster settlement [3] - Kraken is preparing a token distribution for eligible clients through the Kraken Drops program, aiming to move real financial activity on-chain [4] Technology and Infrastructure - Ink is an Ethereum-compatible Layer Two network optimized for financial applications, designed for speed, low cost, and scalability [2] - Kraken has spent years scaling infrastructure to support global demand for crypto trading, custody, payments, and funding [2] - The company envisions wallets settling directly through Ink, trading tapping into on-chain liquidity, and payments/identity running as protocol-level functionality [5] Governance and Ecosystem - The INK token is governed by the Ink Foundation, not Kraken, and serves to coordinate network activity, pay for transactions, govern upgrades, support builders, and reward participation [3][4] - Kraken helped design the protocol but does not control it, emphasizing a decentralized approach [4] - The company encourages external developers to build on Ink for faster, simpler, more composable, and more open applications [5]