Kraken receives 25M OP from Optimism for Layer2 Ink deal

The agreement between the two parties is said to have been finalized since the beginning of this year, according to which the Optimism Foundation will fund 25 million OP (then valued at $100M) for Kraken if it develops L2 using OP Stack.

With the launch of Layer 2 Ink, Kraken officially joins the Superchain ecosystem, alongside Coinbase, Uniswap, Sony, and Worldcoin, while also securing the full funding.