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Crypto Exchange Kraken Launching Ethereum Layer-2 Network Ink

Crypto Exchange Kraken Launching Ethereum Layer-2 Network Ink

Cryptocurrency exchange Kraken has unveiled Ink, an Ethereum-based layer-2 blockchain powered by Optimism‘s OP Stack. 

Ink will offer on-chain wealth management tools for seasoned digital asset traders and crypto-curious clients, Kraken said Thursday in a joint statement with the Optimism Collective. The network, which rolls out on testnet in November, will be interoperable with Optimism’s Superchain, a network of layer-2s that share security and infrastructure.

“As part of the Superchain, Ink is laying the groundwork for an interoperable and pluralistic on-chain ecosystem that will attract developers and make Ink the ideal platform for the next generation of DeFi applications and protocols,” Ink founder Andrew Koller said Thursday…

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