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Kraken will begin hosting token sales from Legion, a fundraising platform backed by VanEck and Brevan Howard Digital, expanding compliant crypto offerings to millions of global users.
Announced on Thursday, the initiative integrates Legion’s reputation-based allocation model with Kraken Launch, the exchange’s new onchain fundraising hub.
Unlike traditional first-come fundraising models, Legion uses a “Legion Score” to allocate up to 20% of each sale to contributors such as developers, DeFi users, and community leaders. This approach is intended to reward long-term industry participants while reducing the influence of bots and speculative wallets. Remaining allocations will…
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