News

Kraken Appoints New General Counsel

We are pleased to announce the appointment of renowned international lawyer, venture capitalist and fintech advisor Edward M. Stadum as General Counsel, reporting to CEO Jesse Powell. With five decades of legal experience, Stadum will offer specialist advice in Kraken’s cryptocurrency domain, with particular emphasis on best business practices, corporate governance, finance, acquisitions, strategy, technology…

News

Kraken Receives Series B Investment From Money Partners Group

We are pleased to announce an investment from Money Partners Group, one of Japan’s leading foreign exchange brokerages, in the Kraken Series B round of financing. Tokyo-based Money Partners Group is listed on the 1st Section of the Tokyo Stock Exchange and holds a current market cap of over ¥29 billion, or over $260 million…

News

Kraken Announces Significant Progress In MtGox Claims Investigation

We are pleased to announce that significant progress has been made in the investigation into claims from creditors of MtGox. In November 2014, Kraken was selected to assist Tokyo District Court-appointed Trustee Nobuaki Kobayashi in the bankruptcy investigation of missing Bitcoin, receiving claims and distributing remaining assets to creditors of MtGox (read about it on…

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Kraken Inks Multi-Million Dollar Deal With SBI Investment To Lead Series B

Today global bitcoin exchange Kraken announced a multi-million dollaragreement with SBI Investment, one of Japan’s leading and most respectedventure capital firms, to invest in and lead the Series B round offinancing in Kraken. SBI Investment is the venture capital arm of SBIHoldings, the world’s first Internet-based financial conglomerate. Theterms of the deal were not disclosed.…

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Kraken Acquiring Coinsetter and Cavirtex to Expand in US and Canada

Acquiring Coinsetter and Cavirtex We are pleased to announce that we are acquiring major exchanges Coinsetter and Cavirtex. NYC-based Coinsetter, founded in 2012, is one of America’s most prominent national bitcoin exchanges, and Cavirtex, founded in 2011, is Canada’s first bitcoin exchange with the highest historical trading volume. These two acquisitions set the stage for…

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Kraken Integrates with BitGo

November 10, 2015 | News Kraken is proud to announce a new partnership with BitGo, a leading provider of digital asset security. BitGo now integrates its multi-sig vault wallet system and robust security management controls with Kraken. Kraken had previously employed a custom off-chain, multi-party signing system with off-site components – providing many of the same…

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Kraken Brings Bitcoin to Canada

June 29, 2015 | News, Product Hey Canada! Great news – you can now buy and sell bitcoins with Kraken! Just create an account from anywhere in Canada, fund it in Canadian dollars, and trade for bitcoin with our new XBT/CAD trading pair. The native CAD funding and trading gives you direct access to the…

News

Welcome Howard Bernstein as Kraken CCO

May 27, 2015 | News Kraken takes a proactive approach to compliance, in order to anticipate the evolving regulation around Bitcoin and to help ensure it is regulated in a way that protects consumers while allowing the game-changing Bitcoin ecosystem to flourish. Today we’re pleased to announce a great new addition to the team, who…