SODA Now Trading on Kraken Worldwide as SODAX Clears MiCA Compliance in the EU

SODA, the successor to ICX, is now live worldwide on Kraken as SODAX secures MiCA-compliant standing in the EU.

ZUG, SWITZERLAND, Aug. 17, 2026 — SODAX, the cross-network execution and liquidity infrastructure that succeeded the ICON Network, saw its token SODA begin trading worldwide on Kraken today across the Sonic and Arbitrum blockchain networks, following the exchange’s completed conversion of ICX balances to SODA at a 1:1 rate. Kraken will support SODA trading against USD and EUR.

Kraken paused ICX trading and funding on Aug. 7 and completed the migration between Aug. 10 and 14, matching the schedule the exchange set out in July. SODA has also traded on other venues, including Coinone and Bound Exchange, since earlier this year.

“Every completed listing is a vote of confidence in where SODAX is headed, not only where it started,” said Min Kim, founder of SODAX. “Kraken gives SODA a permanent global home, and a level of access that matters to holders old and new.”

SODA Trading Live on 20 Networks

SODAX is an execution system that lets money move, lend, trade and settle across blockchain networks without requiring users or builders to manage bridges or wrapped assets. That cross-network model now spans 20 networks, including Ethereum, Solana, Sui and Bitcoin, with applications across them integrating SODAX infrastructure to ship features and extend their own reach in the market.

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