Kraken Adds TON: DOGS and NOT Arrive on a U.S. Exchange

The Kraken exchange has listed two TON-based memecoins — Notcoin (NOT) and Dogs (DOGS). On February 13, 2025, users were able to start depositing these tokens, and trading officially began at 15:00 UTC on the same day. This marks the first-ever registration of TON tokens on a licensed U.S. cryptocurrency exchange.

Kraken, established in 2011, is one of the oldest platforms in the industry. Known for its strict asset selection criteria, the exchange serves both retail and institutional investors. The listing of DOGS and NOT expands TON’s reach in the U.S. and introduces its ecosystem to a broader audience.

DOGS and NOT on Kraken

Kraken users can trade DOGS in pairs with the U.S. dollar and the euro. Deposits are already open, and trading will commence once liquidity conditions are met.

The listing announcement had an immediate impact on the market. NOT surged 26% within 24 hours, reaching $0.00364. DOGS gained 6.5%, trading at $0.00019. DOGS’ daily trading volume increased by 69%, hitting $40 million, while NOT saw a 240% increase, exceeding $202 million.

For NOT, this is another milestone. The memecoin gained popularity through its tap-to-earn mechanics, attracting a 16.3 million-strong Telegram community that continues to grow.

DOGS launched in September 2024, with an airdrop distributing 380 billion tokens. Currently, 516.75 billion DOGS are in circulation out of a total supply of 550 billion.

What’s Behind DOGS?

DOGS has gone beyond trading. The project has allocated $4.5 million to charity, supporting animal rescue efforts and humanitarian initiatives, particularly for wildlife affected by wildfires.

In 2025, the DOGS team aims to expand the token’s utility with new features and integrations. The community continues to grow, and DOGS is gaining more real-world applications.

A New Chapter for TON in the U.S.

The listing of DOGS and NOT on Kraken aligns with a major shift within TON Foundation. Recently, Manuel Stotz, founder of Kingsway Capital, was appointed as its new president. His arrival signals a strategic push toward strengthening TON’s position in the United States.

Stotz is a seasoned investor with extensive financial market experience. His fund manages multi-billion-dollar assets and has invested in over 50 blockchain companies, including Blockchain.com and Animoca Brands. His network provides TON Foundation with access to global investors and cutting-edge technological innovations.

His appointment coincides with a crucial moment for the U.S. crypto market. The new administration is preparing regulatory reforms that could reshape the industry: establishing a national Bitcoin reserve, simplifying digital asset regulations, and supporting blockchain startups. These changes create a favorable environment for TON’s deeper integration into the world’s largest economy.

Stotz understands the potential of these developments. He is focused on long-term growth for TON in the U.S. and sees opportunities to integrate the ecosystem into the evolving economic landscape.

What’s Next?

The listing of DOGS and NOT on Kraken strengthens TON’s presence in the global crypto market. Memecoins are reaching new audiences, major exchanges are adding them, and the ecosystem continues to gain momentum.

But recognition comes with responsibility. Memecoins are volatile, yet their market impact is undeniable: they attract users, expand ecosystems, and drive blockchain adoption.

For TON, this is a call to keep moving forward—building infrastructure, enhancing products, and fostering community trust. In the crypto industry, nothing stays static: those who evolve and adapt will shape the future.

Kraken has opened another gateway into TON. More to come.