U2U Network On Kraken: Vietnamese Blockchain Goes Global
U2U Network: A Historic Milestone For "Make In Vietnam" Blockchain On Kraken Exchange
The listing of U2U Network's U2U token on Kraken, a leading reputable US digital asset exchange, on October 17, 2025, marks a historic milestone for Vietnam's blockchain technology industry. This is not only a success for U2U Network but also strong proof of the potential and capability of "Make in Vietnam" technology on the international stage.
For a Vietnamese-rooted blockchain project to meet the listing standards of a US Tier-1 exchange like Kraken is a valuable international "certification," affirming U2U Network's technological capability, security, and legal compliance.
Who Is U2U Network? Pioneering DePIN Technology
U2U Network is a Layer-1 blockchain platform developed by a team of Vietnamese engineers, distinguished by its unique technology and architecture, aiming to provide decentralized infrastructure for real-world applications. The project positions itself in the Decentralized Physical Infrastructure (DePIN) sector, addressing essential needs such as the Internet of Things (IoT), data, and digital identity.
Superior Technology And Architecture
• Utilizes a Directed Acyclic Graph (DAG) structure to optimize transaction speed.
• Achieves an impressive processing speed of over 17,000 transactions per second (TPS) and a transaction finality time of under 1 second.
• Compatible with the Ethereum Virtual Machine (EVM), facilitating development for builders.
• A modular Layer-1 blockchain with subnet technology, perfect for DePIN solutions.
Robust Ecosystem And Community
With over 1.4 million global users and more than 100 projects under development, U2U Network has built a vibrant ecosystem. The project is ranked by Messari among the Top 3 Layer-1s for DePIN, acknowledging its pioneering role in building infrastructure tied to real-world applications. Transparency is also a key factor, as U2U publicly discloses on-chain operational metrics in real-time.
Backed By Major Players
U2U Network receives strong backing from SSI Digital (SSID) – a subsidiary of SSI Securities Corporation – along with prestigious international investment funds such as KuCoin Ventures, Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, V3V Fund, Web3Port, and technology partner AWS. This collaboration not only secures resources but also guides U2U towards transparent, secure operations, aiming for a "controlled decentralized finance" model.
U2U Network also collaborates with SSI Digital to organize the VietBUIDL Hackathon, the largest blockchain playground in Southeast Asia with an investment fund of 100 billion VND, aimed at developing the talent ecosystem.
Kraken: The Golden Gate For U2U Network
Kraken, a digital asset exchange founded in 2011 in San Francisco, is known as one of the world's oldest and most reputable platforms. Operating legally in over 190 countries and under strict supervision from multiple financial authorities, Kraken is an ideal "port of call" for projects aiming to establish a global presence.
Significance Of Listing On Kraken
• This is the first time a "Make in Vietnam" blockchain project has been listed on a US Tier-1 exchange.
• This event carries not only commercial significance but also serves as an international "certification" of U2U Network's technological capability, security, and legal compliance.
• It affirms Vietnam's ability to create an international-standard blockchain platform with real users, real applications, and real value.
• Paves the way for Vietnamese blockchain technology to expand into international markets, especially the US market, while simultaneously broadening liquidity and access opportunities for the U2U token.
U2U Token Information And Future Vision
The U2U token has a total supply of 10 billion, with a circulating supply of over 1.53 billion tokens. Its current market capitalization is approximately 9-10 million USD, with the price fluctuating around 0.006 USD, significantly lower than its peak of nearly 0.02 USD. Prior to Kraken, U2U was listed on exchanges such as Bitget, MEXC Global, BingX, Gate, KuCoin, and Uniswap v3.
Perspectives From Leaders
Ms. Chloe Phung, Co-founder and CEO of U2U Network, shared that the project aims to demonstrate Vietnam's capability in building international-standard blockchain platforms, and the listing on Kraken is a testament to their cautious, sustainable, and transparent approach when entering the US market.
Mr. Nguyen Duy Hung, Chairman of SSI Securities Corporation, emphasized: "For a Vietnamese enterprise to meet the listing standards of a US Tier-1 exchange is clear proof that Vietnamese people can absolutely create technology capable of competing globally."
Affirming The "Make In Vietnam" Position
Compared to many other Vietnamese-rooted blockchain projects that often only list on mid-tier exchanges or DEXs, U2U Network is making a clear difference. The project follows the success of "predecessors" like Kyber Network (KNC) and Axie Infinity (AXS), but with a distinct approach, focusing on DePIN and a "controlled decentralized finance" model.
Other Notable Milestones
• In December 2024, U2U Network officially listed on KuCoin, MEXC, BingX, and Gate.io.
• The project continuously innovates with U2DPN, launched Zenith (subnet dApp), and introduced the DePIN Client Hub.
• U2U Network is a project under TimeGroup, focusing on developing a comprehensive technology ecosystem based on Blockchain.
The Kraken listing event is expected to serve as a launchpad, helping U2U Network maintain strong growth momentum and affirm the solid position of "Make in Vietnam" blockchain on the global technology map.
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