U2U Network Kraken Listing: Vietnamese Blockchain Goes Global
U2U Network Lists On Kraken: 'Made In Vietnam' Blockchain Conquers The Global Market
October 17, 2025, marked a historic milestone for Vietnam's blockchain technology sector as U2U Network, a Layer-1 blockchain platform developed by Vietnamese engineers, officially listed its native $U2U token on Kraken – one of the world's leading digital asset exchanges. This event, taking place at 14:00 UTC (9:00 PM Vietnam time), not only affirms Vietnam's superior technological capabilities but also opens a vast gateway to access the US and global markets.
About U2U Network And The Power Of 'Made in Vietnam' Technology
U2U Network is a Layer-1 blockchain platform designed to provide infinite scalability and on-demand decentralization for real-world applications, especially in the field of Decentralized Physical Infrastructure Networks (DePIN). Aiming to bring Web3 to the masses, U2U focuses on gaming, DeFi, and SocialFi.
Key Technologies
• Utilizes a unique hybrid technology based on Directed Acyclic Graph (DAG) combined with SubX Chain (Helios consensus).
• Fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy applications easily and quickly.
• Achieves impressive processing speeds: over 17,000 transactions per second (TPS) with transaction finality under 1 second and extremely low costs. In stress tests, U2U Network even peaked at 500,000 TPS with finality in just 650 ms.
• Each dApp can have its own separate subnet, ensuring privacy and security, similar to Avalanche's model.
• Integrated modular AI, paving the way for AI-driven applications.
• Supports cross-chain bridges with major blockchains like Ethereum, BNB Chain, and Solana.
• U2U Network includes U2U Chain (DPoS) and U2U Subnet (UMV and OstracismVM).
Ecosystem And Community
With over 1.4 million global users and more than 100 projects active or committed to development, U2U Network has built a strong community. The platform also nurtures Vietnam's next generation of blockchain innovators through the VietBUIDL Hackathon – Southeast Asia's largest blockchain competition with a 100 billion VND investment fund. U2U's Mainnet has been operational since Q1 2024.
Team And Backing
Founded in 2022 by Chloe Phung (Trang Phung) and a team from Huawei and Alibaba, U2U Network quickly garnered attention. The project has raised 10 million USD (November 2023) or 13.8 million USD (December 2024) in funding to drive development and market expansion. Major investors and partners include SSI Digital, KuCoin Ventures, Chain Capital, JDI Ventures, and technology partner AWS.
Messari, a leading provider of cryptocurrency market intelligence, has ranked U2U Network among the top three global Layer-1 blockchains in the DePIN sector.
The $U2U Token
The $U2U token is the native token of the network, playing a crucial role in gas fee payments, staking, and network governance. This token was launched to the market in December 2024.
Kraken: A Global Exchange With Stringent Listing Procedures
Reputation And Position
Kraken, founded in 2011 and headquartered in San Francisco, USA, is one of the world's most reputable and oldest digital asset exchanges. It is renowned for its regulatory compliance, transparency, and high security.
Kraken operates legally in over 190 countries and is subject to strict oversight by financial authorities in numerous key jurisdictions, including the United States, Canada, the UK, Europe, and Japan. With over 10 million global users, Kraken consistently ranks among the top exchanges by trading volume and was rated by Forbes as the number 1 cryptocurrency exchange for security standards, user experience, and operational reliability.
Rigorous Listing Process
Being listed on Kraken is a strong testament to a project's quality, as the exchange is known for its extremely rigorous vetting process and conservative listing standards. Over its 14 years of operation, Kraken has listed only about 500 tokens, indicating a very high level of selectivity. This process includes comprehensive application submission, preliminary review, in-depth due diligence (checking legal compliance, security protocols, market potential, team reputation), assessment of market demand and liquidity, and ongoing post-listing monitoring obligations. Notably, Kraken does not charge listing fees.
Historical Significance And Importance Of The Listing Event
A Milestone For 'Made In Vietnam' Blockchain
U2U Network's listing on Kraken is a "turning point" and a "remarkable milestone" for 'Made in Vietnam' blockchain technology. This demonstrates that a domestic project is capable of meeting the most stringent listing standards of a world-leading exchange, affirming Vietnam's position on the global technology map.
Ms. Chloe Phung, CEO of U2U Network, emphasized: "This project proves that Vietnam is fully capable of creating an international-standard blockchain platform with real applications, real users, and real value. Being announced for listing by a Tier-1 exchange licensed in the US and Europe is clear evidence of U2U Network's technological capabilities, transparency, and compliance standards."
Access To US And Global Markets
As a US-headquartered exchange legally operating in over 190 countries, Kraken opens a strategic gateway for U2U Network to access the US market – one of the largest and most demanding financial markets in the world – along with millions of global investors. This solidifies U2U Network's position as a key player in the next wave of blockchain innovation.
Confirmation Of Rigorous Due Diligence
This event represents an endorsement following Kraken's stringent due diligence process, which is renowned for having one of the highest selection standards among exchanges. Successfully passing these rigorous criteria is undeniable proof of U2U Network's reliability, security, and long-term potential.
Potential Impact On Price And Boost For The DePIN Ecosystem
Listing on a major exchange like Kraken typically facilitates easier trading, which can increase interest and potentially drive the price of the $U2U token if market demand is strong. Furthermore, with its positioning in the DePIN (Decentralized Physical Infrastructure Networks) sector for real-world needs like IoT, data, and digital identity, the Kraken listing will help U2U Network attract additional attention and resources necessary to develop groundbreaking applications in this area.
Strategic Perspective And Development Vision
Sustainable Approach
According to Ms. Chloe Phung, the Kraken listing is "a testament to U2U Network's cautious, sustainable, and transparent approach when entering the US market."
National Strategic Vision
Mr. Nguyen Duy Hung, Chairman of SSI Securities Corporation, remarked that "a Vietnamese enterprise being listed on a Tier-1 exchange in the US is clear proof of Vietnam's capability to create globally competitive technology."
Contribution To Vietnam's Digital Economy
U2U Network's success is not only an achievement for the project itself but also a source of national pride, demonstrating the creative capacity and strategic vision of Vietnamese people, significantly contributing to the robust development of the national digital economy.
Conclusion
The listing of U2U Network's $U2U token on the Kraken exchange on October 17, 2025, is a historic step forward, holding immense significance not only for U2U Network but also for the entire Vietnamese blockchain technology sector. It not only affirms the technological prowess and adherence to international standards of a 'Made in Vietnam' project but also opens a golden opportunity to access the global market, particularly the United States. This is a strong signal of the potential and outstanding development of Vietnamese blockchain technology, promising to attract more attention and investment into domestic high-tech projects, positioning Vietnam as a technological powerhouse in the future.
Disclaimer: This article is intended solely to provide information and market insights at the time of publication. We make no promises or guarantees regarding performance, returns, or the absolute accuracy of the data. All investment decisions are the sole responsibility of the reader.