# ONE Token Launches on Kraken Exchange EVM-compatible gaming token $ONE now tradable with staking and governance features. - **Source:** [Kraken Blog](https://brifing.si/source/d5b3c3d8-9f4f-4485-9bd1-50ba4c5fe7ae) - **Published:** 2026-09-09 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/428be04b-1f33-4d4e-aae8-8173eac76d8a ## Trading Goes Live Kraken announced the listing of ONE token on September 9, 2026, enabling deposits and trading. The EVM-compatible Layer 1 network's native token supports gaming applications and smart contracts. Users must deposit tokens only through supported networks to avoid loss. Trading becomes available via Kraken App once sufficient liquidity conditions are met, with potential geographic restrictions applying to some users. ## Token Utility $ONE serves multiple functions within ONEchain ecosystem: paying network gas fees, staking for validators, and governance participation. Developers use it to deploy games and applications on the network. The token has a fixed supply of 1 billion with no additional issuance, creating scarcity. Staking requires minimum 10 ONE tokens with a 14-day unbonding period, incentivizing long-term holding. ## Network Technology ONEchain operates on Proof of Staked Authority (PoSA) consensus with BLS signatures, balancing decentralization and efficiency. Its Mainnet 2.0 upgrade introduced validator delegation and fee burning mechanisms. The chain uses EVM chain ID 612055, ensuring compatibility with Ethereum tools. This technical foundation supports the network's focus on on-chain gaming applications and developer adoption. ## Ecosystem Components The ONEchain ecosystem includes ONEpocket wallet, ONEbridge for cross-chain transfers, and ONEnft marketplace. Developer tools like ONEramp SDK and ONEexplorer block explorer support application building. South Korea's ONE Store app marketplace operates as a network validator after its acquisition by Nexus Co., Ltd. These components create a comprehensive environment for gaming and DeFi applications. ## Corporate Structure OGF (BVI) Ltd., part of Opengame Foundation, issues $ONE tokens while Nexus Co., Ltd. leads development. The project rebranded from CROSS to ONE in July 2026, maintaining the same network and team. This corporate structure provides stability while allowing for strategic partnerships, as demonstrated by the ONE Store acquisition in June 2026. ## Market Implications The Kraken listing significantly increases $ONE's accessibility to retail and institutional investors. As a gaming-focused token with fixed supply, its value may benefit from both utility demand and speculative trading. The staking mechanism encourages holding, potentially reducing market volatility. This listing follows the broader trend of exchanges supporting specialized blockchain tokens. ## Competitive Landscape ONEchain enters the competitive Layer 1 space against established gaming blockchains like Immutable X and Ronin. Its EVM compatibility gives it an advantage in developer adoption, while the PoSA consensus offers scalability. The project differentiates through its comprehensive gaming ecosystem tools and South Korean market connections via ONE Store. ## Future Outlook The successful Kraken listing marks a major milestone for ONEchain's adoption. Future growth depends on gaming developer uptake and the expansion of its validator network. With the Mainnet 2.0 upgrade and strategic acquisitions already completed, the project is well-positioned in the blockchain gaming sector. Market response to the fixed supply mechanism will be crucial for long-term token valuation. ## Sources covering this story - https://blog.kraken.com/product/asset-listings/one-is-available-for-trading — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._