Digital asset freight settlement at Kraken, via token listing, delivers savings and opportunity
CASPER, Wyo., Sept. 9, 2026 /PRNewswire/ — TCS Blockchain, a Wyoming trade finance provider serving the transportation industry, today announced its digital asset, TCS Token ($TCS), is listed on Kraken with a USD spot trading pair. The listing provides $TCS liquidity on Kraken to support freight invoice settlement, and eligible Kraken clients can trade and engage $TCS.
Transportation Industry experts place annual freight spend volume at $2.58 trillion, 9% of total US GDP. The American Trucking Association reports 72% of freight moves by truck, and 91% of carriers operate 1-10 trucks. Carriers wait 30-180 days to get paid, forcing most to sell invoices to financial intermediaries at substantial capital costs.
TCS and Kraken Drive Value
TCS converged supply chains with blockchains to solve the problem. Transportation companies now exchange freight invoice collection rights for $TCS, which can then be sold for USD at Kraken. According to TCS, Users are funded same-day or next business day, and most save 50-90% on costs. TCS Users move seamlessly from $TCS to USD in a single market, rather than navigating layers of intermediaries and third-party digital assets. The model reduces costs, operational complexity and counterparty risk.
Kraken’s listing of $TCS provides transportation companies with cheaper and faster settlement, and opportunity for Kraken clients to engage with the digital asset driving value and facilitating commercial paper transactions in a legacy industry.
About the $TCS Asset
$TCS is an ERC-20 asset deployed on the Polygon network, with supply capped at fifty-billion. TCS reports nearly all supply has been held in treasury since 2022. After TCS settles with transportation Users, new $TCS supply is released when Users sell on Kraken for USD – similar to how the efforts of miners bring new Bitcoin supply to market.
“TCS saves trucking and transportation companies time and money. And eliminating financial waste in supply chains helps everyone,” advised Todd Ziegler, TCS Blockchain CEO. “TCS is a Main Street digital asset solution, that’s solved the largest B2B payments problem in America. Kraken clients can now be part of this innovation, and engage with the companies that get their goods to grocery and retail store shelves every day.”
About Kraken
Founded as a secure global crypto exchange in 2011, Kraken has evolved into a multi-asset trading platform. From one account, customers trade more than 600 digital assets, thousands of U.S.-listed stocks and ETFs, hundreds of tokenized equities, derivatives, including perpetuals, and national currencies. Millions of consumers, professional traders, and institutions rely on Kraken as one of the fastest and most liquid trading platforms.
About TCS Blockchain
TCS Blockchain settled the World’s first freight invoice onchain in 2022, and now offers the cheapest, fastest and best settlement experience in the American transportation Industry. TCS supports truckers, brokers, and at-scale carriers – and benefits consumers and households – by displacing invoice factoring, and mitigating financial waste in supply chains.
Media Contacts
TCS Blockchain, 307-554-1090, 421720@email4pr.com, Kraken, 421720@email4pr.com
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SOURCE TCS Blockchain & Kraken
