Kraken, one of the world's longest-standing and most trusted digital asset exchanges, has officially listed the $KULA governance token, marking a significant expansion of global access to Kula's decentralized impact investment platform. Trading for the token commenced on December 16, 2025.
The $KULA token is the core governance instrument for the Kula DAO, enabling holders to vote on critical matters such as treasury management, capital allocation, and the platform's overall strategic direction. Built on the Avalanche blockchain, the token is designed to facilitate community-driven oversight of tangible, real-world initiatives.
Kula has already deployed capital into seven global projects representing over $50 million in underlying asset value. These investments target sectors often overlooked by traditional finance and include the development of a limestone concession in Zambia, large-scale hydropower development in Nepal, and support for Enzi's electric mobility platform across East Africa.
"Kula was designed to make previously inaccessible assets investible while empowering communities to participate in the governance of the resources that shape their futures," said Paul Jackson, CEO of Kula. He emphasized that the Kraken listing "extends our model to a global audience and highlights the potential of decentralized stewardship in real-world applications."
Since its inception in 2022, Kula has raised $25 million from aligned partners. The platform operates by combining blockchain-based governance with legally compliant operational entities to ensure scalability and regulatory adherence across emerging markets. The model aims to restore local governance over assets for communities while providing investors with a transparent, decentralized framework for accessing high-impact opportunities.