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Kraken says PEARL deposits and trading went live Nov. 13

Kraken said PEARL deposits and trading on its exchange went live on Nov. 13, 2026. Trading through the app and Instant Buy depends on sufficient market liquidity, and geographic restrictions may apply.

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Kraken said PEARL deposits and trading on its exchange went live on Nov. 13, 2026. Trading through the Kraken app and Instant Buy is conditional on sufficient liquidity for orders to be matched. Geographic restrictions may apply.

PEARL is the native coin of the Pearl network, which Kraken describes as a Layer 1 blockchain secured by Proof of Useful Work. The company says miners use matrix multiplication, a computation also used in GPU-based AI training and inference.

The network issues new PEARL as block rewards, along with transaction fees, to miners who find valid blocks. Kraken warned that deposits sent over networks it does not support will be lost.

Primary sources

Reporting is based on the linked primary sources. Company statements are attributed to their authors; they are not independent test results.

  1. blog.kraken.com — PEARL is available for trading!

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