Kraken to Liquidate Delisted Crypto Assets in February
The exchange will liquidate remaining balances for 13 specific tokens if users do not withdraw them by January 29, 2027.
Updated on Oct. 25, 2026 in Investing
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Kraken has set a January 29, 2027, withdrawal deadline for 13 delisted cryptocurrency tokens, including Beamable Network and Elixir. Following this cutoff, the exchange will proceed with the liquidation of any remaining balances between February 1 and February 12, 2027.
Why it matters
The action serves as a final process for users to recover holdings in assets for which the exchange has already discontinued support. Because many of these tokens suffer from limited or inactive market activity, the exchange has warned that final proceeds may be negligible.
Kraken ceased all deposit and trading support for 13 assets on October 23, 2026. The exchange now requires users to finalize withdrawals by 10 a.m. ET on January 29, 2027, to avoid scheduled asset liquidation.
The players
Kraken
Kraken is a prominent global cryptocurrency exchange that provides trading, staking, and custodial services for a wide variety of digital assets.
The details
The list of affected tokens includes Apu Apustaja, Bondex, DuckChain, BOS Token, Union, Obol, IDEX, Stafi Protocol, UXLINK, ALTHEA, and Nobody Sausage. Kraken indicated that the liquidation process may yield little to no value for account holders due to the lack of liquidity in these markets.
Timeline
October 23, 2026: Deposits and trading support for the 13 assets ended.
January 29, 2027: The deadline for users to withdraw tokens is 10 a.m. ET.
February 1-12, 2027: Kraken will liquidate any remaining balances.
Market Dynamics
This action follows the pattern set by the SEC's 2023 classification of various tokens as unregistered securities, which forced many exchanges to purge low-liquidity assets. Such moves illustrate the ongoing consolidation of tradeable assets as platforms refine their offerings.
Users holding any of the 13 identified tokens must move their assets to an external wallet or exchange before the January 29 deadline to maintain control of their holdings. Failure to act will result in the assets being subject to liquidation, potentially leading to a total loss of value.
The takeaway
Crypto investors should regularly monitor platform delisting announcements to prevent their holdings from becoming trapped or liquidated. It is advisable to maintain self-custody of niche or low-volume digital assets to avoid reliance on exchange support cycles.
Further reading
Learn more about asset management and exchange policies in the Investing section.
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