Kraken Lists VeThor (VTHO) for Trading
Kraken has listed VeThor (VTHO) for trading and deposits as of January 16, 2026. VTHO is the utility token used to pay transaction fees and smart contract execution costs on the VeChainThor blockchain; it acts as network gas and is generated from staking VET via VeChain’s StarGate platform. Kraken notes deposits must use networks it supports to avoid loss, and trading via the Kraken app and Instant Buy will activate once sufficient liquidity arrives. Geographic restrictions may apply. Kraken also reminded users that listings policy details remain confidential until shortly before launch and that crypto investments carry risks.
Neutral
The immediate market impact is likely neutral. Listing VTHO on a major exchange like Kraken increases accessibility and potential liquidity — a bullish factor — but VTHO is primarily a utility (gas) token with limited speculative demand compared with primary store-of-value or governance tokens. Kraken’s note that app trading and Instant Buy depend on liquidity further tempers near-term price moves. Historically, exchange listings can produce short-lived price spikes due to increased exposure and retail demand, especially for small-cap utility tokens, but sustained trends depend on broader adoption, staking economics, and macro crypto market conditions. For traders: expect possible short-term volatility around the listing and initial liquidity formation; longer-term direction will hinge on VeChain activity (transactions, enterprise adoption), VET staking rates, and general market sentiment.