BREAKING
Kraken officially added SOFID to its spot trading lineup, with the asset going live on September 4, 2026. The exchange confirmed the listing through its official blog, marking the token’s debut on one of the largest centralized trading venues. The announcement follows a broader SoFi–Payward partnership that has been expanding the integration between SoFi’s banking infrastructure and Kraken’s trading platform.
SOFID is accessible directly through Kraken’s standard funding workflow. Users can add the asset by navigating to the Funding section of their Kraken account, selecting SOFID, and initiating a deposit before trading. The listing is live for spot trading, giving users direct exposure to the SOFID token through Kraken’s order books.
For traders, the listing opens a regulated, centralized venue for accessing SOFID without relying on decentralized alternatives. Initial market activity confirmed immediate demand — Kraken’s own data showed 2,855,320 SOFID changing hands within the first 24 hours of trading, with associated volume reaching $2,851,945, suggesting strong early participation following the launch.
The SOFID listing is part of a broader collaboration between SoFi and Kraken’s institutional arm, Kraken Prime. The partnership reportedly connects SoFi’s banking rails with Kraken’s digital-asset liquidity infrastructure. Alongside SOFID, Kraken also listed SoFiUSD as part of this expanding relationship, indicating a structured, multi-asset integration rather than a standalone token listing. View the official Kraken listing announcement.
Traders looking to participate can access SOFID directly through the Kraken platform. As with all new asset additions, users should review Kraken’s supported regions and any applicable trading restrictions before depositing. No additional leverage or derivative products for SOFID were announced at the time of this listing.
Source: Kraken Blog +4 More · Published by CoinsProbe Markets Desk
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