Everything web3, crypto, defi, degen
In brief The Senate just released a discussion draft of its own crypto market structure legislation. The House passed a companion bill last week, dubbed the CLARITY ACT. The Senate’s version differs in some meaningful ways, but the aim is the same. And it directly impacts crypto startups and future token sales through ICOs. The…
In brief Prometheum can custody a handful of tokens, but it’s now racing to support on-chain securities, founder and co-CEO Aaron Kaplan said. Kaplan testified on Capitol Hill in 2023 that the SEC had laid out a clear path to compliance for crypto firms. Some tokenized offerings resemble gambling, Kaplan argued. Tokenization could revolutionize finance,…
In brief JPMorgan is reportedly exploring crypto-backed loans secured by Bitcoin and Ethereum. The move follows growing institutional interest and regulatory clarity, including the recent passage of the GENIUS Act. Experts say Basel III rules remain a hurdle, but JPMorgan’s plans may signal progress toward treating crypto as acceptable collateral in TradFi. JPMorgan Chase is…
In brief Bitcoin enthusiasts have often likened the cryptocurrency to “digital gold,” a decentralized alternative to precious metals. Recent academic research has indicated that Bitcoin and gold may serve fundamentally different investor types. At present, research indicates that Bitcoin lacks the historical track record, stability, and crisis-tested resilience of gold—though that could change with time.…
In brief Bitcoin has climbed back to $120,000 after briefly pulling back to a local bottom $114,000. Institutional flows have resumed, with ETF inflows and treasury adoption gaining ground. Analysts point to macro headwinds including inflation risk, geopolitical tensions, and the potential for a dollar rebound. Bitcoin has reclaimed the $120,000 mark following a brief…
We’re excited to announce the launch of Kraken Derivatives US, a regulated U.S. derivatives offering. The launch will provide direct access to crypto futures listed on the CME through our integrated Kraken Pro trading experience. Kraken Derivatives US enables clients to trade a full suite of crypto futures alongside our extensive spot market offering, and…
In conjunction with xStocks partner Backed, we are excited to announce a strategic partnership with BNB Chain, one of the world’s leading blockchain ecosystems. Through this partnership, BNB Chain joins the rapidly growing xStocks Alliance, further accelerating onchain access to tokenized U.S. equities for users across the world. In the coming weeks, we will allow…
We believe access to financial opportunity should be a universal right, not a privilege determined by geography or restricted by outdated infrastructure. Crypto adoption is reshaping global finance, tearing down long-standing barriers to capital markets. Today, we’re excited to announce the phased launch of tokenized U.S. equities through Kraken’s platform, giving eligible non-U.S. clients seamless…
Have you ever asked yourself: Why can’t I trade stocks at 2 a.m.? Why is it still so difficult and expensive to access U.S. equities from outside the U.S.? Can’t crypto fix that? The truth is simple: Traditional finance (TradFi) hasn’t kept up with the pace of innovation. Global markets still operate on outdated rails,…
We’ve always believed in breaking down barriers to investing and redefining financial access for our clients. Now we’re taking the next step in our evolution by entering a new asset class: Equities. Today, we’re excited to announce the initial rollout of commission-free trading for over 11,000 U.S.-listed stocks and ETFs, bringing equities and digital assets…
