U2U Network, a Layer-1 blockchain platform developed by Vietnamese engineers, has secured a listing on Kraken, one of the world's most selective cryptocurrency exchanges, with trading set to commence on October 17, the Viet Nam News Agency has reported.
This is a watershed moment for “Make in Vietnam” blockchain technology as U2U Network becomes one of the few domestic projects to meet the stringent listing standards of a top-tier global exchange.
Kraken, known for its transparency, compliance, and security, operates legally across more than 190 countries under regulatory oversight from the US, Canadian, British, European, and Japanese financial authorities. With more than 10 million users worldwide, the exchange ranks among the world’s largest exchanges by trading volume, alongside Binance and Coinbase. In its 14 years of operation, Kraken has listed only about 500 tokens — a testament to its selective process.
U2U Network currently serves over 1.4 million users globally, with more than 100 projects either operating on or committed to developing on the platform. Research firm Messari, a leading provider of crypto market intelligence products, ranks U2U among the top three Layer-1 blockchains in DePIN, recognizing its pioneering role in building infrastructure tied to practical applications.