The wizards are coming

Kraken is now live with $DOG The history and architecture behind Runestone and $DOG is one of the most principled experiments we’ve seen on Bitcoin, and it deserves to be properly understood. On January 22, 2024, @LeonidasNFT proposed a fully open-source airdrop for the Ordinals community. The plan: no team share, no insiders, no misleading marketing, and only volunteer contributors. The goal was to reward 100,000 of the most active Ordinals users based purely on on-chain activity, capped at one per address. This was designed to prevent whales from dominating the supply and to encourage true decentralization. By January 25, the Runestone concept was introduced. Its mission was to create a transparent, fair, and decentralized reward mechanism for those who helped build the Ordinals ecosystem in its earliest days. Snapshot block 826,600 was chosen to mark the one-year anniversary of Ordinals going live. The airdrop mechanics and eligibility criteria were discussed publicly and transparently in Discord. On January 27, Bitcoin engineers were called upon to help compile a list of eligible addresses. To qualify, an address needed to have at least three inscriptions. All plain text and application/json files were excluded. The process was independently verified and the full eligibility list was published openly for community review. On March 3, @LeonidasNFT announced the Runestone inscription itself, designed by artist @cl_art_studio, as the largest Bitcoin inscription ever, at 3.97 MB. It also became the largest Bitcoin block in history, pushing the limits of what’s possible in Bitcoin’s base layer. On March 8, a single Runestone was sold at auction for 8 BTC ($544,713). All proceeds went to cover network fees for the upcoming Runestone airdrop. Nothing was taken by the team (there was no team). On March 16, the Free and Fair airdrop was executed. 112,383 Runestones were distributed 1:1 to the eligible addresses. No preferential treatment. No allocations to insiders. Just a massive, historic on-chain giveaway. On April 6, Leonidas introduced $DOG, the first memecoin to be natively built on the Runestone foundation. DOG was designed to be a cultural wedge, a fun, friendly onramp to help millions of new users discover and engage with Bitcoin. But this wasn’t just a meme, it was a cultural statement. On April 20, at Bitcoin block 840,000, Casey Rodarmor’s Runes Protocol went live. For the first time, Bitcoin had an ultra efficient, UTXO native way to issue fungible tokens. DOG was one of the first Runes to be etched, marking a turning point for tokenization on Bitcoin. $DOG was etched as Rune #3 in a 1,258,757 sat/vB transaction, the 5th most expensive Bitcoin transaction in history. And on April 24, 100 billion $DOG tokens were distributed evenly to over 75,000 holders of Runestone Ordinal NFTs. That’s 889,806 $DOG per eligible wallet. There was no ICO. No token sale. No listing fee. Just a pure community airdrop with 100% of the supply circulating from day one. On June 4, $DOG hit a $980 million market cap without any Tier-1 centralized exchange listings. It became the largest memecoin on Bitcoin and a definitive proof point for what is possible when a project is built with fairness, transparency, and decentralization at its core. [Important to read] To the community: I want to sincerely apologize for not articulating this earlier. There’s been confusion about $DOG’s origins and structure, and that’s on me. The truth is, $DOG represents one of the most authentic, community-driven launches in Bitcoin history. It's not just another token; it’s a statement about what Bitcoin can support when innovation meets principle. And today, I’m proud to share that $DOG is now listed on Kraken. We believe in supporting real, grassroots innovation. No insiders. No shortcuts. Just real usage and real community. $DOG is Bitcoin by design. More to come.

$DOG coming

$DOG who are you guys?

Runes, a world is being built…

$DOG ?

You called, we answer. $DOG

There is no question. $DOG

I'll drop it via $DOG

This was made by the $DOG community. When I watch it, just reminds me of how strong a community can be and how they can bootstrap themselves to the next milestones. Always fun to watch progress. 🏟️

The $DOG goods have arrived. Where is $LOBO

Confirmed.

For BTC to win, BTC meme coins HAVE to win.

We’re excited to share that @krakenfx will soon offer tokenized U.S. equities in select markets around the world. This is a major step forward in our mission to eliminate friction, expand access, and empower people everywhere to invest in the assets they believe in — without borders, intermediaries, or trading hours. Through our partnership with Swiss-based @BackedFi, we’re launching @xStocksFi: permissionless, chain-agnostic, and self-custodial representations of real-world U.S. equities — available 24/7, onchain.. These tokenized assets won’t just be tradable — they’ll be transferable, usable as collateral, and integrated across CeFi and DeFi ecosystems, offering greater finality and composability than anything in traditional finance. At launch, 50+ equities will be available to select non-U.S. markets on Kraken, with plans to expand access globally. This isn’t just a new product — it’s a new architecture for financial access. It blends the trust and scale of TradFi with the openness and programmability of crypto. Kraken is proud to stand at that intersection — not building walled gardens, but building tools for the broader community. Tokenization is crypto’s next trillion-dollar wave. blog.kraken.com/news/tokeniz…

Runeworld, who can help us make this land a reality.

This is a better logo for $KRAK cc @mayurgupta77

BTC Runes

I’m supportive of $BTC and $DOG wen? @krakenfx and on which apps?

Tomorrow Rune June $DOG available via @Krak to send to my friends, family and soon to a business. Thanks to the 🐕 army.

Two $DOG t-shirts purchased.

Yes, it’s true—I’ve been spending time on BRC-20. Not for engagement. Not because it’s perfect. But because it opened up a design space on Bitcoin that hasn’t really existed until now—and that shift matters. Here’s why: – BRC-20 is stateless and non-Turing complete. It doesn’t rely on a virtual machine. It encodes intent in inscriptions and relies on off-chain indexers to recreate token state. Crude? Yes. But it works, and it fits Bitcoin’s model. – It exposed real scaling and UX challenges. From bloated UTXO sets to inconsistent indexers, BRC-20 showed us what breaks under real usage. It also forced tooling—wallets, explorers, mempool visibility—to level up fast. – Runes builds on that. Runes replaces the JSON hack with native on-chain logic. It uses UTXOs to encode token balance directly, minimizing bloat and improving auditability. But it likely wouldn’t exist without BRC-20’s chaos proving there was demand. – This matters because Bitcoin is ossified. You can’t ship features at the base layer. That’s a feature, not a bug. But it means any new use case—tokens, DeFi, culture—has to work within hard constraints. That creates better engineering discipline. – The new design space is permissionless, Bitcoin-native experimentation. No wrapped assets. No smart contracts. No bridging risk. Just new protocols built directly on top of Bitcoin’s UTXO model. That’s a big deal. – And culturally, it matters too. Bitcoin has been viewed as “finished software” for years. This wave—BRC-20, Runes, Ordinals—is a reminder that innovation can still happen on Bitcoin, not just around it. I’m not here to farm engagement. I’m here because watching Bitcoin evolve—without compromising its fundamentals—is technically fascinating.

Rune June is live. Exchanges: this is your “I knew them before they were famous” moment. Choose wisely. Some of these tokens are here to stay. Others are just stormtroopers shooting blanks.

Everyone in crypto can be a family

Guarding Runes @krakenfx

I spy a wizard's best friend......on an F1 rear wing...

Only 15 days left of Rune June.

Me too.

No $PENGU because of tariffs

Our records indicate that some clients arrived on time for the $PUMP sale but were unable to complete their orders due to system constraints. The sale was fully allocated in under sixty seconds and demand far exceeded available supply. We reviewed internal order logs and client activity to identify those affected. To make this right, Kraken will airdrop $PUMP to impacted users once the token is live. Eligibility is based on verified order intent during the sale window. No action is required. The distribution will be automatic and free of charge. We are aware that $PUMP began trading at a significant premium in the secondary market. Events like this highlight how important access, speed, and reliability are. We are continuing to invest in all three.

Has there ever been any doubt? $DOG, and what's next? $MIM?

When Steve Jobs declined to support Flash on the iPhone, it was not just a technical decision. It was a long term bet on what would scale. Flash represented a fragile, closed runtime that made everything harder to verify, harder to secure, and harder to build on. Jobs saw that the future would demand something cleaner, more interoperable, and more native to the internet’s evolution. At the time, critics called it a mistake. In hindsight, it was obvious. We are thinking the same way at Kraken. The Layer 2 we contribute to, the @inkonchain is not owned or operated by a single company. It is a decentralized protocol, governed by the @inkfndhq, and built from the ground up for one purpose: enabling performant, transparent, and trust minimized settlement for financial applications. It prioritizes deterministic behavior, compliance aligned primitives, and global accessibility, all without compromising decentralization. This is infrastructure, not a product wrapper. It is being designed for developers, institutions, and regulators alike. But @xStocksFi is different. And it is not being launched on the Ink Layer today. Nor is it being locked inside a closed, vertically integrated stack like others have chosen to do. Because we believe the future of tokenized finance is multichain. And that belief is not ideological, it is practical. A multichain world maximizes access. It brings more developers, more liquidity, and more innovation to the table. That is why xStocks is launching as an open, permissionless protocol, designed to operate on @solana, eventually ETH, Arbritrum, Bitcoin native infrastructure and many others, stay tuned for a few more updates in a few days. It is not about one chain. It is about building a global standard that can interoperate across many. In a recent Decrypt interview, there was a suggestion that Kraken's contributions might be less suitable because it “has its own Layer 2,” implying that shared infrastructure could somehow compromise neutrality. But neutrality is not about avoiding infrastructure, it is about not being captive to any single one. In fact, the very reason xStocks is not launching on the Ink Layer today is to reinforce that principle. Being open means meeting users and developers where they already are, across ecosystems, not limiting them to a single stack. This matters for three core reasons: For investors, xStocks is not just another tokenized equity product. It is a protocol layer with the potential to become a global backbone for capital markets. It monetizes through protocol fees, integrations, and ecosystem growth, but it scales by being open, not closed. The moat is adoption, not control. For developers, xStocks is modular and composable. It can be used to create new financial products, integrate into wallets and exchanges, or power novel DeFi use cases. It respects where developers are today, and gives them infrastructure they can use without asking for permission. For regulators, xStocks is not a shortcut. It is a framework that allows tokenized equities to meet jurisdictional requirements transparently. Issuance, custody, and settlement are designed to integrate with existing regulatory rails, while giving regulators clearer visibility and programmability over compliance logic. This is not regulatory arbitrage. It is regulatory alignment, encoded into the protocol itself. The mistake others are making is assuming they can control the market by controlling the stack. But the history of technology shows that open ecosystems always win. Flash failed not because it lacked features, but because it was brittle, closed, and hard to trust. The same will be true of today’s walled gardens. The Ink Layer is our contribution to the infrastructure for financial settlement. xStocks is our contribution to open access in tokenized capital markets. Both are grounded in the same belief: that the future belongs to networks that are open by default, purpose built by design, and decentralized at the core. This is not about who owns the infrastructure. It is about who it serves, and who gets to build on top of it. As an exchange, @krakenfx by nature supports all chains, all communities, and yes, even our competitors. That is not a weakness. It is a strength. We do not believe in locking users into what they do not want. We believe in earning their trust by offering the best experience, the broadest access, and the most resilient infrastructure. That is exactly what our mission is built on. We are proud to have engaged early and directly with ecosystems like Bitcoin through assets like $DOG, with Solana, with Ethereum, all for different use cases, different communities, and different philosophies. And when others in the past were quick to delist Solana on their platform and other assets under pressure, we stayed. We listened. We supported. That is how we have always operated, not through hype, market cyclicality, or ups and downs, but through conviction. You can see that same conviction in our Kraken Culture document. We are not here to gatekeep the future. We are here to help build it, in the open, for everyone.

$BTC $DOG

Do it with $DOG

What do you guys think about my setup?

This is my order of operations on my @Krak account

I'm up 8.07% 🚀 on inky.kraken.com/wengains/bfd…

Discussing with @pdimitrakos what we learned during Rune June

I qualify for $DOG airdrop. You?

This is incredible. You should work with us.

Is $LOBO > $DOG , Or is , $LOBO < $DOG

New portfolio on inky.kraken.com

Runegust is almost complete.

I’ll keep searching for it. @pdimitrakos @krakenfx

Waiting patiently with $BILLY

At @krakenfx , we know every coin has a story. For $MIM @mimcoinbtc, that story is about reviving one of the most iconic memes in crypto history: Magic Internet Money. In 2013, a subreddit moderator named theymos opened a thread asking for ideas for a Reddit ad for r/bitcoin. Within an hour, @mavensbot sketched a wizard holding a Bitcoin staff with the words “Magic Internet Money.” The community loved it. A few months later, the ad went live. The Bitcoin Wizard became more than a drawing, it became the mascot of a movement. The ad was Reddit’s most successful ever, helping propel Bitcoin’s rise from $27 to $1,132 and growing r/bitcoin from 10,000 to 100,000 members by 2014. The phrase “Magic Internet Money” captured the mood of the time. It was playful and strange, yet it perfectly expressed the mystery and excitement of Bitcoin’s early days. Over the years, the Wizard grew into a cultural symbol, reminding us that crypto is built as much on imagination and community as it is on technology. A decade later, @mavensbot returned to his legendary creation. This time, it was not just drawn, it was minted into a token: $MIM. $MIM had a fair launch as a BRC20 token in March 2023, migrated to the Runes standard in April 2024, and permanently closed migration in April 2025, with all non migrated supply sent to Satoshi’s wallet. The supply is 100 percent circulating, with no team allocations, no centralized vesting, and no hidden unlocks. The $MIM ticker is a direct tribute to the original “Magic Internet Money” slogan. It represents Bitcoin culture, history, and provenance, immortalized on chain by its original artist. Supporting $MIM is about more than trading, it is about recognizing and preserving the lore that shaped this industry. At Kraken, we understand the importance of Bitcoin tokenomics and the role memecoins and the on chain Bitcoin economy play in the network’s long term sustainability. That is why we back communities for the long term, supporting both their culture and their future. This is one of the reasons we listed $MIM Magic Internet Money, to help revive and carry forward a piece of Bitcoin history. From a Reddit ad to a global meme, and now to a token on the Bitcoin blockchain, this is how crypto’s story lives on. With $MIM, the Wizard’s magic continues. And with our support and the communities, so does the story of Magic Internet Money. The Bitcoin on chain economy revolution has only just begun.

I support @AmericaPartyX and $DOG Let’s supprt every week

$LOBO or $DOG alert?

Community is awesome. Which app will you guys use to send, receive or trade?

alright you absolute maniacs inky is live, for testing inky.kraken.com/ you’ll need a password to get in. it’s early. it’s raw. it’s not for everyone. but if you know, you know. we’re testing something new here no rules, no legacy baggage just pure speed and degen energy $DOG and $LOBO are already up more will follow the rest is on you click around buy something stupid send us bugs send us memes send us alpha let’s see what breaks and what takes off

He means BTC Runes

$DOG walking in the Kraken universe using @grok

Dear @krakenfx , wen available?

What kind of $DOG is this?

wow its between $PENGU and $DOG

Which meme movement should we talk about? $DOG $LOBO $MIM or all the others.... tbd

Next up is $DOG robot

Wen frens

I spy world peace

In case you forgot our family of products at @krakenfx

Now that you’ve seen that I bought now and in the past, ask why? Because I pay for my coffee with $DOG as the currency that support my spend management on the real world. Free and my choice.

okay if we were to create an open world MMO would it be runeworld, runeverse or ......

Are we stacking $BTC and $MIM?

Its Magic

All of crypto to crypto is about to rally, and the reason isn’t what most people think. at @terminaai we track the supply and demand of private capital across every major sector. the data shows something unusual: despite the volatility, crypto investment flows from private investors are still at 2022 levels. they didn’t collapse like biotech, fintech, or consumer. this resilience matters. capital supply tells you a lot about forward returns. when adoption keeps compounding but capital stays scarce, the setup is asymmetric. fewer dollars are competing for teams, networks, and assets that are still growing. this is the opposite of what you see in ai or saas right now, where capital is abundant. abundance tends to compress future returns; scarcity in the face of real usage tends to expand them. in crypto today we have: -stablecoin velocity breaking records -tokenization experiments scaling from pilots to real markets -custody, compliance, and institutional adoption moving faster than most expected -volumes and new user entry points growing again put simply: we’re sitting on 2022 levels of private investment, supporting 2025 levels of adoption. that mismatch doesn’t last forever. history shows that when an ecosystem holds its floor through downturns, the snapback is violent. we saw this in saas post-2016, and in ai after 2020. crypto is setting up the same way now. will rally.

I found $GIZMO, he’s been hiding

Deal

i hope so

Something like this?

This is what financial infrastructure is supposed to look like We launched @xStocksFi on Ethereum. Not because it was trendy, but because it was inevitable. Real stocks. Onchain. Fully backed. Self custodial. Available globally. Integrated with the architecture of tomorrow. I talked about this in KekSpace days ago. The image below is not a metaphor. It is a reminder that what looks like a game today will power the system tomorrow. The Idea Most people still do not realize it, but tokenized equities will become a foundational primitive of the next financial system. Just like stablecoins were the first domino, real world assets like equities are the second wave. But only if they are done correctly. That means they need to be permissionless. They need to be programmable. They need to be available anywhere, to anyone, without requiring a traditional brokerage account or a residency check. xStocks on Ethereum meets all of those criteria. What Makes This Different This is not a synthetic representation. This is not a derivative. These are fully backed equities with 1 to 1 reserves, issued natively onchain. AAPL means AAPL. TSLA means TSLA. Held with a licensed custodian. Redeemable and verifiable. The Ethereum launch brings all the composability and ubiquity of the ERC20 standard. If your application can talk to USDC, it can talk to NVDAx. If your wallet can hold ETH, it can hold QQQx. You can lend, borrow, swap, trade, or plug these into any smart contract. The idea is simple. Markets should not close. Custody should not be an obstacle. And access should not be gated by geography or intermediaries. This is what we mean when we say open infrastructure. Why This Matters The structure of financial markets is going to change faster than people think. Most people are still focused on front ends. But the opportunity is in rewiring the rails. That means assets like stocks, bonds, currencies, and treasuries will all eventually live on public blockchains. That is not a debate anymore. The only question is when and who builds the standard. Kraken has been doing the work. Over 400 million dollars of onchain volume. Forty five million in AUM. Twenty five thousand unique holders. That was just on Solana. Ethereum is next. And BNB Chain after that. We are not recreating Wall Street. We are building an operating system for capital. An open network where financial primitives talk to each other without friction. One Last Thing 😂 If you were in KekSpace by @pepecoins, you already knew. The octopus hugging the Ethereum Foundation was not art. It was the roadmap. Here is the post: blog.kraken.com/product/xsto…

if bitcoin memecoins win, bitcoin wins.

gm

I’m reminded that even while in Washington DC educating for MARKET STRUCTURE, the community always fights free and fair and we should too.

World peace on ⁦@krakenfx⁩

The Pepening : A Story Of Redemption piped.video/faIqrFQltf8?si=43qD…

Today over $1.4B has been returned to more than 100K people from the FTX estate, with @krakenfx helping to make that possible. The number is large, but what it represents is personal. For each client it is not an abstract claim or a line in a bankruptcy filing. It is THEIR money, finally back in their hands. This is the first principle of crypto. This is what reliability in finance should mean. Every transfer reconciled. Every distribution reaching the person it belongs to. No disruption. No excuses. Kraken’s role has been simple: to make sure funds move back to the people they belong to. The outcome matters more than the infrastructure, if they use us or someone else; trust is restored one account at a time.

If you bought $1,000 worth of Bitcoin instead of every new iPhone since 2009, you’d be worth well over $250M — and likely into the billions. Don’t buy purses. Don’t buy phones. Buy freedom. Buy Bitcoin.

Did she say @Krak 👀 Do you think she will send $DOG $MIM $BTC or $SOL ?

Meanwhile, Bitcoiners launched Runes, without needing venture capital subsidies, task force, tax credits, or a single government grant.

$DOG now live.