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Kraken launches your gateway to the world of NFTs

Since first opening Kraken NFT to beta testers, we’ve been building new features, adding more collections, and simplifying the NFT trading experience for all. Now, we’re pleased to announce that Kraken NFT is officially ready to launch. That’s right: we are no longer in Beta. Presenting Kraken NFT — your gateway to buying, selling, and…

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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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Why buy an NFT? Collectibility

For centuries, people have collected things. Some of these things may be nostalgic items like ticket stubs or lucky coins. Others might be especially rare items, like classic cars or limited-edition vintage watches. In many ways, the things we collect become a reflection of who we are. Whether they are physical objects we hold in…

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Kraken completes SOC 2, Type I for custody and funding services

As part of Kraken’s commitment to client security, we have completed and passed an independent auditor’s examination over internal controls as defined by the American Institute of Certified Public Accountants (“AICPA”) SOC 2, Type I compliance standard.  We’d like to share details about this process and how it serves our mission to be one of…

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Busting crypto myths: NFTs are only for the wealthy

Since the crypto market took off in 2021, many non-fungible tokens (NFTs) are now changing hands for dizzying sums of money. To date, the ten most expensive NFTs sold at auction have fetched between $7 million and $91.8 million. That’s higher than the average price of Claude Monet’s artwork ($80.5 million) and many other pieces…

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Why buy an NFT: Community membership

One of the most misunderstood aspects of non-fungible token (NFT) ownership has steadily turned into one of its biggest draws. While some are solely focused on the media the NFTs represent, others are exploring what it means to be the rightful owner of that piece of media. Within most NFT collections, there is a fixed…

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Kraken secures Virtual Asset Service Provider (VASP) registration in Ireland

April 18, 2023 | News Kraken has successfully registered our Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP).  Kraken’s Irish VASP registration demonstrates to both our clients and regulators that Kraken follows Europe’s most robust anti-money laundering and compliance standards. Registration further underscores…