British Virgin Islands, British Virgin Islands, September 22nd, 2025, Chainwire
With transparent allocations, regulatory compliance, and deep liquidity, Legion sales on Kraken will reach millions of clients worldwide.
Legion, the crypto-native fundraising platform backed by VanEck and Brevan Howard Digital, announced that its token offerings will now be available on Kraken Launch, Kraken’s new platform for onchain fundraising. The move brings Legion’s compliance-first fundraising model to millions of Kraken clients worldwide.
Unlike existing platforms, sales lean into Legion’s approach to merit-based access, with founders able to customize allocations and offerings to loyal community members and project-aligned investors. Select high-profile sales will launch simultaneously on Kraken Launch and Legion. Access to Legion-specific sales will be determined by merit-based scoring, while Kraken sales will open initially on a first-come, first-served basis. Tokens from these joint sales will be listed for trading on Kraken shortly after the sales conclude.
“Kraken is building the foundation of tomorrow’s financial infrastructure with crypto at its core,” said Brett McLain, Head of Payments and Blockchain at Kraken. “Together with Legion, we’re scaling a product that democratizes token sales and aligns communities with builders. It’s not just better fundraising, it’s better infrastructure for the next generation of finance.”
The collaboration deepens Kraken’s existing relationship with Legion, having recently participated in their $5mm seed round. Legion’s merit-based approach differs from competitors with its “Legion Score” reputation system, which looks at its users’ social media activity, Github commits and onchain transactions to determine their interests and strengths. This lets founders allocate tokens to project-aligned investors and contributors, not bots or empty wallets. Founders can prioritize developers who have contributed to open-source code, active users of DeFi apps, or community leaders with meaningful social reach. Up to 20% of each sale will be reserved for Legion Score holders, with the remaining allocation available on a first-come, first-serve basis to the general public on both Kraken Launch and Legion.
“We started Legion because we wanted to see tokens go to true believers, not just the wealthy,” said Fabrizio Giabardo, Legion Co-Founder. “Legion Scores level the playing field for everyone. The size of your wallet isn’t what matters. What matters is how you’ve contributed to the industry or project itself.”
In another first, token launches under this collaboration are MiCA compliant.
Each offering must pass extensive due diligence and compliance screenings, and come with robust disclosures and investor protections required under MiCA. Key features of sales under the new partnership include:
“Crypto gave us the tools to rebuild capital markets from first principles. This partnership combines Legion’s approach to global regulation and merit-based access with Kraken’s distribution, compliance infrastructure, and deep liquidity,” said Matt O’Connor, Co-Founder of Legion. “The next Figma or Reddit won’t IPO. It will launch to its community on-chain. This partnership makes that possible.”
Legion and Kraken are actively collaborating on their first combined sale, which will be announced soon.
Legion is a merit-based crypto fundraising platform that bridges traditional finance and blockchain technology. Focused on regulatory compliance, investor accountability, and transparency, Legion enables startups to raise capital through MiCA-compliant token offerings, while providing retail investors better access to onchain fundraising and redefining public token sales for the digital age. Projects using Legion can customize allocation, whitelist, discounts, and more using onchain and off-chain criteria about each user to handpick an organic community of die-hard supporters.
For more information, users can visit https://legion.cc or follow https://x.com/legiondotcc
About Kraken
Founded in 2011, Kraken is one of the world’s longest-standing and most secure crypto platforms globally. Kraken clients trade more than 500 digital assets, traditional assets such as U.S. futures and U.S.-listed stocks and ETFs, and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Trusted by more than 15 million institutions, professional traders and consumers, Kraken is one of the fastest, most liquid and performant trading platforms available.
Kraken’s suite of products and services includes the Kraken App, Kraken Pro, the Krak App, Kraken Institutional, Kraken Onchain and the NinjaTrader retail trading platform. Across these offerings, clients can buy, sell, stake, earn rewards, send and receive assets, custody holdings, and access advanced trading, derivatives, and portfolio management tools.
Kraken has set the industry standard for transparency and client trust, and it was the first crypto platform to conduct Proof of Reserves. It complies with regulations and laws applicable to its business, while actively protecting client privacy and maintaining the highest security standards.
For more information about Kraken, users can visit http://www.kraken.com.
