Everything web3, crypto, defi, degen
It’s been an incredible launch year for Kraken Institutional. We’re already gearing up for an even bigger and better 2025, with exciting new products and initiatives designed to deliver even more value to our institutional clients. Looking back on the past 12 months, we’re proud of the progress we’ve made in expanding our suite of…
December 16, 2024 | News We have entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to retail customers in supported jurisdictions in accordance with the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization. To ensure clients receive funds when distribution starts,…
November 21, 2024 | News Kraken is now one of Canada’s largest crypto trading platforms in terms of both the size of its local workforce, as well as combined client assets under custody. We are pleased to share that Kraken’s Canadian operation has surpassed $2 billion CAD of client assets and cash under custody. “Reaching…
By Bivu Das, Kraken U.K. General Manager “Tax complexity itself is a kind of tax.” This famous quote from U.S. Senator Max Baucus resonates regardless of your country of residence. In the emerging crypto ecosystem, there are additional complications given the lack of clear and consistent jurisdictional tax guidelines and the importance of accurately tracking…
Our latest Proof of Reserves covered the most widely held cryptocurrencies on the platform: BTC, ETH, SOL, USDC, USDT, and XRP. It included the spot positions, open margin positions, futures balances and on-chain staked amounts of eligible assets (ETH and SOL). In total, this most recent attestation – which became available on Kraken on November…
Today, we announced that Arjun is joining Kraken as co-CEO. We’re making fundamental changes to how we innovate, build and roll out products for clients. Kraken was built from Day One with the mission of accelerating the global adoption of crypto so that everyone can achieve true financial freedom and inclusion. To continue forging our…
Ink is a cutting-edge Layer 2 (L2) blockchain built on Optimism’s Superchain and released by Kraken. As a natural evolution of our mission, Ink will serve as a seamless bridge to DeFi, empowering users to move onchain with confidence and ease. Being onchain can feel complex and daunting. As a single, integrated ecosystem, Ink simplifies…
Our mission constantly challenges us to find innovative ways to accelerate the global adoption of crypto. kBTC builds upon Bitcoin’s fundamental strengths – security, scarcity and its role as a store of value – and extends its utility further, into DeFi and beyond. kBTC is a fully backed, cross-network-compatible ERC-20 token. Each kBTC token is fully…
Kraken is proud to announce that we have moved up more than a dozen spots from last year to rank 12th on Newsweek’s 2024 Top 100 American Most Loved Workplaces list. This recognition reflects our ongoing commitment to providing a flexible workplace that prioritizes wellbeing and career development. Earlier this year, Kraken was also named…
Our partnership is focused on fusing the crypto ecosystem with the RB Leipzig fan experience to provide interactive opportunities for fans. Underpinned by an emphasis on educating new audiences about crypto, both sides are collaborating to unleash crypto’s full potential and inspire new ways for German fans to deepen their connection to the club.In practice,…
