News

Meet Kraken’s new Chief Technology Officer, Vishnu Patankar

Kraken, one of the world’s longest standing and most trusted crypto platforms, today announced the appointment of Vishnu Patankar as Chief Technology Officer (CTO). Patankar brings over twenty years of technology expertise to Kraken and helped Fortune 500 companies like Microsoft, Amazon, Intel, and Groupon to scale products that impacted millions of clients worldwide.  At…

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Kraken is recognized as a Newsweek Top 100 Global Most Loved Workplace

May 31, 2023 | News Kraken is excited to announce that we have been named #16 in Newsweek’s Top 100 Global Most Loved Workplaces® list. We are also the only crypto company on the list. This recognition reflects Kraken’s ongoing commitment to building a flexible workplace that prioritizes employee well-being. Newsweek’s rankings, backed by the…

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How Kraken supports our clients

Terms like “client obsessed” and “client-centric” get thrown around a lot these days. At Kraken, these are more than just buzzwords. Since launching over 11 years ago, the support experience of our clients has been a fundamental differentiator at Kraken. Client support led by crypto-passionate specialists from around the world has been, and will continue…

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Kraken remains committed to Canada

March 30, 2023 | News We are pleased to announce that Kraken has filed a pre-registration undertaking (PRU) with the Ontario Securities Commission. This PRU is a step on the road to becoming registered as a Restricted Dealer across Canada and demonstrates our commitment to following the Canadian Securities Administrators’ recently enhanced investor protection guidance…

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Busting Crypto Myths: You don’t own anything when you buy an NFT

For the uninitiated or crypto-curious people out there, non-fungible tokens (NFTs) represent one of the more colorful sectors of the cryptocurrency industry. How is it that duplicable, oftentimes wacky pieces of digital artwork can fetch extraordinarily high prices, and why are people flocking to buy these intangible items? It’s certainly a difficult topic to get your head…

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Can bitcoin be used for cross-border payments?

In 2008, an anonymous researcher (or team of researchers) called Satoshi Nakamoto published a nine-page research paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The document, known as the Bitcoin white paper, presented a new type of digital currency that users could use to transact without relying on financial intermediaries. Soon, people around the world discovered that blockchain…

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Kraken Appoints CJ Rinaldi as Chief Compliance Officer

New CCO brings three decades of financial services experience SAN FRANCISCO – Jan. 24, 2023 – Kraken, one of the world’s largest and most-trusted crypto platforms, today announced the appointment of CJ Rinaldi as Chief Compliance Officer. CJ’s decades of experience, both in traditional and decentralized finance, will further strengthen Kraken’s compliance program amid a…

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Kraken Takes Steps to Weather Crypto Winter

Today we’re announcing one of the hardest decisions at Kraken to date. We’re reducing our global workforce by approximately 1,100 people, or 30 percent, in order to adapt to current market conditions. We are extremely grateful for the contributions of those impacted by today’s announcement and we’ll do our best to help them transition to…