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Kraken Lists Qtum (QTUM) and Cardano (ADA)

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San Francisco-based crypto exchange Kraken will list both Cardano (ADA), a leading blockchain platform for building decentralized applications, and Quantum (QTUM), a platform for implementing plug-and-play smart contract bridging functionality from both BTC and ETH, today.

According to the announcement, Kraken will release the two new assets for trading today at 1:00 pm UTC. The initial trading pairs for both will be USD, EUR, CAD, XBT and ETH. Kraken notes that margin trading will not be available at launch for ADA or QTUM, but says that it very well could be implemented in the future.

Both altcoins have gained significant listing momentum in recent weeks.

ADA was recently listed on Abra, an all-in-one mobile cryptocurrency wallet and trading platform, in addition to gaining a direct USD trading pair on Bittrex, the 36th largest crypto exchange by trading volume at the time of writing.

As for QTUM, it landed a prominent listing on Circle Invest, the retail cryptocurrency trading platform of Goldman Sachs-backed Circle.

ADA and QTUM are currently ranked 8th and 27th, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

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