Cryptocurrency

Vietnamese-Developed Layer-1 Blockchain Platform Listed on US Exchange

On October 13, 2025, U2U Network, a Layer-1 blockchain platform developed by a team of Vietnamese engineers, was officially announced for token listing by Kraken, a leading U.S.-based Tier-1 digital asset exchange. Trading of the U2U token on Kraken is scheduled to commence on October 17, 2025.

Administrator

14 October, 2025

Kraken Lists U2U Token for Trading

Founded in 2011 in San Francisco, USA, Kraken is one of the oldest and most reputable digital asset exchanges, renowned for its commitment to compliance, transparency, and security. Operating legally in over 190 countries, Kraken is regulated by financial authorities in the United States, Canada, the United Kingdom, Europe, and Japan. With over 10 million global users, Kraken consistently ranks among the world’s top exchanges by trading volume, alongside giants like Binance and Coinbase.

Over its 14-year history, Kraken has listed only about 500 tokens, underscoring its stringent selection criteria. This rigorous approach positions Kraken as a trusted benchmark in the global market, where only projects meeting high standards of security, transparency, and operational integrity are approved for listing.

Chloe Phung, Co-founder and CEO of U2U Network, stated: “We aim to demonstrate that Vietnam can develop a blockchain platform that meets international standards, delivering real applications, real users, and real value. Being listed on Kraken is a significant milestone, and more importantly, it validates U2U’s cautious, sustainable, and transparent approach to entering the U.S. market.”

Built on a Directed Acyclic Graph (DAG) architecture, U2U Network optimizes speed and EVM compatibility, enabling developers to deploy applications swiftly. The network achieves over 17,000 transactions per second with sub-second finality, positioning itself as a decentralized physical infrastructure (DePIN) solution for real-world needs such as IoT, data, and digital identity.

Guided by the philosophy of “Proof Over Promise,” U2U publicly shares real-time on-chain operational metrics. The project currently boasts over 1.4 million global users and supports 100+ active and committed developers on its platform.

U2U Network is backed by SSI Digital (SSID), the digital technology arm of SSI Securities Corporation, alongside international funds such as KuCoin Ventures, Chain Capital, and technology partner AWS. This institutional support enhances U2U’s operational transparency and bridges the gap between traditional finance and digital assets.

Mr. Nguyen Duy Hung, Chairman of SSI Securities Corporation, remarked: “A Vietnamese company achieving a Tier-1 listing in the U.S. is a clear testament to our ability to develop globally competitive technology. U2U Network not only represents a successful blockchain project but also showcases the creativity and strategic vision of Vietnamese innovators in bringing Vietnamese technology to the global stage.”

Dong Tu

– 18:38 13/10/2025