EOS is trading on Kraken now... Huh????

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Im so confused? I thought EOS tokens were not being released for a year?

And isn't the ICO price just under $0.70 each? Why and how is Kraken selling them for $1.70? 

I don't think these are IOU's because Kraken has never sold IOU's.

How is this possible?

EOS is trading on Kraken now... Huh???? | Ecency