Kraken and Poloniex Add Gnosis Trading
Cryptocurrency exchanges Kraken and Poloniex have added support for the Gnosis token (GNO) on their platforms.
Built on ethereum, Gnosis is a decentralized prediction platform enabling anyone to create a prediction market for any event and be rewarded for accuracy. Gnosis is the first incubation project of ethereum development firm ConsenSys.
Last month, Kraken allowed its platform to be used for the Gnosis ICO auction. Gnosis raised around $12.5 million in under 10 minutes during a sell-out auction, selling 4.19% of GNO tokens at 0.6 ETH per token, giving the project a valuation of $300 million in total.
The Gnosis pairs including Gnosis-Ethereum (GNO/ETH), Gnosis-Bitcoin (GNO/BTC), Gnosis-U.S. Dollar (GNO/USD) and Gnosis-Euro (GNO/EUR) are now available for trading in the Kraken platform.
Kraken was followed by Poloniex, which announced support for GNO/BTC and GNO/ETH trading pairs.
At the time of writing, one GNO token is worth $87 and market cap stands at $93 million.
