PANews reported on October 31 that according to The Block, the cryptocurrency exchange Kraken launched Kraken Desktop, a fully customizable desktop trading application designed for active traders. Inspired by the popular Cryptowatch tool that was discontinued last year, Kraken Desktop aims to provide a more efficient trading experience through proprietary charts and technical analysis tools.

Kraken said that Kraken Desktop was officially launched after a successful private beta, providing full access to all spot and futures markets, and adding a variety of new tools to enhance trading functions and performance. The application is developed using the Rust technology stack, supports low-latency trading, and provides advanced features such as ladder trading and automatic orders. In addition, Kraken recently launched kBTC (its wrapped Bitcoin on Ethereum and OP Mainnet) and plans to launch Ink, an Ethereum Layer 2 solution based on OP Stack in early 2025.