NEX, the utility token of the Nexus blockchain, is officially available for trading on the Kraken exchange as of May 20, 2026. Nexus is a Layer 1 blockchain designed to handle high-frequency financial applications and intelligent markets. It features the Nexus zkVM 3.0, which provides a low-latency infrastructure that scales validation speed according to compute power. This architecture employs a parallel dual-core system that integrates both general-purpose and specialized financial state machines. The NEX token is crucial for the Nexus ecosystem, used for transaction fees, verifiable compute, and staking. Users can deposit NEX into their Kraken accounts by selecting the asset under the Funding section. However, it is important to ensure that deposits are made using supported networks, as deposits made through unsupported networks will be lost. Trading through the Kraken app and Instant Buy features will become available once sufficient market liquidity is established. Kraken has indicated that more assets will be made available in the future, but details will only be shared shortly before any launch.