Kraken Launchpad

Kraken Launchpad is an IEO platform built by and integrated into the Kraken Exchange - one of the oldest crypto exchanges in the industry, founded in 2011 as a Bitcoin-only exchange.

It emerged amid the crypto token sale trend of the 2024–2025 bull run as a way to help projects raise funds and offer users quality investment opportunities. It consists of two main components:

• Kraken Launch Legion: A fundraising platform built in the Kraken app, powered by the Legion Launchpad infrastructure. It aims to provide users with attractive projects to invest in, with the YieldBasis and Footballfun (Sportfun) projects being the most famous launches;
• Kraken IPO Launchpad: Another division of the platform that provides users with investment opportunities beyond crypto, such as the SpaceX IPO.

On June 5, 2026, Kraken Launchpad announced a SpaceX IPO, powered by the xStocks protocol. It was the only platform to, in fact, grant users an allocation in SpaceX stock at the IPO price, drawing significant attention from the crypto community. 

🤔 How to participate in the Kraken launch token sale?

To participate in both Kraken Launch and TradFi Launchpad, you simply need to register on the exchange, complete KYC and Proof of Address verifications, and deposit funds into your account. If you are not from an excluded region (listed individually for each sale), you are eligible to join.

Given the rising community interest in the launchpad and potential future IPOs access via Kraken, the CoinLaunch team thoroughly researched the launchpad. Here's what we found:

✅ Kraken launchpad pros:

• Solid range of support services for projects launched via Kraken, with the opportunity to get listed on the exchange after the IEO;
• Strong fundraising results: $4M raised during the YieldBasis and Footballfun IEOs, plus over $1B committed during the SpaceX IPO on Kraken (according to rumors);
• IPO launches on Kraken may become a new meta, given the xStocks collaboration and a relatively successful event compared to other CEXs.

❌ Kraken Launchpad cons:

• Very low project support score;
• Passive social media community;
• Limited supported regions;
• Modest IEO ATH ROI (3x average);
• Only two token sales and one IPO launch conducted as of June 2026.