Kraken Continues Expansion with New Canadian Registration and JUST Listing

By: Isha Das

In a major compliance achievement, cryptocurrency exchange Kraken has successfully secured a restricted dealer registration in Canada, making headlines as it reaffirms its firm commitment to the Canadian market. As announced on April 1, 2025, the Ontario Securities Commission (OSC) has granted this registration, underscoring Kraken’s unwavering pursuit of regulatory alignment in key jurisdictions. This milestone comes shortly after rival exchange Gemini's departure from the market, positioning Kraken to potentially capture greater market share amidst shifting competitive dynamics.

The crypto exchange, known for its robust compliance practices, is also making waves by expanding its listing portfolio with the inclusion of the JUST (JST) token. JUST, a prominent player in the decentralized finance (DeFi) sector developed on the TRON network, offers a comprehensive suite of financial products such as stablecoin platforms and decentralized lending services. The strategic listing of JST on Kraken introduces new trading pairs, JST/USD and JST/EUR, enhancing the token’s market access and bolstering its standing within the global DeFi landscape.

This simultaneous development acts as a testament to Kraken's strategic foresight, highlighting its ability to not only meet regulatory standards but also leverage its platform to foster growth in associated DeFi ecosystems. With the listing of JST, Kraken further signals confidence in JST’s intrinsic protocol and its sustained value within decentralized finance, while also fostering collaborations that promise substantial user benefits, as evidenced by the $90,000 Reef Program airdrop associated with the JST listing.

JustLend DAO, TRON's decentralized financial flagship, continues to be the backbone of the JUST ecosystem, showcasing TRON's leadership in the DeFi space. The platform enables users to earn yields, utilize collateral for borrowing, and partake in TRX staking, thus exemplifying the decentralized nature of modern financial solutions. By providing a transparent and automated smart-contract ecosystem, JustLend DAO aims to offer users decentralized financial authority, a commitment mirrored by its substantial Total Value Locked (TVL), further solidifying its financial dominion in the sector.