Kraken Opens Trading for TCS Blockchain's Token
Kraken has announced that TCS is now available for trading on their platform. The asset, which represents TCS Blockchain's token, went live on September 9, 2026.
TCS Blockchain aims to solve the problem of delayed payments in the US transportation industry by using blockchain to settle freight invoices. Industry experts estimate that annual freight spend volume is around $2.58 trillion, approximately 9% of total US GDP. TCS Users exchange collection rights in their freight invoices for TCS tokens, which are then sold for USD on Kraken.
The supply of TCS tokens is capped at 50 billion, and new supply enters circulation when TCS Users settle onchain. This process provides a faster and cheaper alternative to conventional invoice factoring, with comprehensive transparency on all flows.