Kingaru is a new Layer 1 blockchain built for Retail. Kingaru Foundation’s native coin KRU is designed for fast transactions and fees that are a fraction of what credit cards charge.

Kingaru has announced that the native coin, KRU, will be first listed on Bitmart on October 27, 2022. Bitmart has over 9 million users in over 180 countries worldwide and is the perfect exchange partner to launch with KRU.

Brett Old, General Manager, and Chief AML officer explains,“We were presented with many exchange options, but Bitmart was the ideal exchange partner, to begin with. Their team has been exceptional to work with, and we are excited about the partnership. For over two years, the Kingaru team has been working on the technology, implementations, partnerships, and licenses. KRU is poised to be one of the most unique and innovative blockchain projects to date. Because the Kingaru Blockchain has been designed for retail transactions, the technology and goals were built differently than other blockchains.”

Brett Old continues: “We built Kingaru to be utilized in all aspects of commerce; we started with retail. We knew that if we could make it simple for consumers and merchants to transact in KRU, then we could help reduce credit card fees, fraud, and create an overall safer environment.”