TLDR Crypto · INNOVATION & LAUNCHES
KRAKEN ANNOUNCES INK: AN OP SUPERCHAIN L2
Summary from the TLDR Crypto newsletter
Kraken, the sixth-largest crypto exchange, has announced its plans for Ink, an Ethereum L2 built using Optimism's OP Stack technology. Set to launch in early 2025, with a testnet going live in 17 days, Ink joins a growing list of companies like Sony and Coinbase to build L2s using Optimism's technology. The OP Stack now powers 43 rollups with $18 billion in TVL across its Superchain.