In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

Injective Protocol (INJ) Conversion from ERC-20 to Native INJ Token

Last updated: April 2, 2025

Kraken converted the ERC-20 version of the Injective Protocol (INJ) tokens to native INJ tokens. Please be aware of the following changes:

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    Effective July 27th, we will no longer support the ERC-20 version of INJ. If you wish to hold the ERC-20 version, you must have withdrawn any remaining ERC-20 INJ tokens from your Kraken account before July 27th.

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    All ERC-20 INJ tokens that were not withdrawn from our platform prior to July 27th were automatically converted to native INJ tokens. This conversion required no action from your side and occurred at no cost.

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    After July 27th, you will not be able to deposit ERC-20 INJ tokens in your Kraken account. Only the native version will be supported, depositing ERC-20 INJ into your Kraken account may result in a loss of funds.

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These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions apply.

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