News

Kraken chosen as distribution partner by the FTX Debtors

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,…

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Kraken completes 2024 Proof of Reserves

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…

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Trading for BIGTIME, DRIFT and PORTAL starts June 20

We’re thrilled to announce that Big Time (BIGTIME), Drift Protocol (DRIFT) and Portal (PORTAL) are now available on Kraken! Funding and trading BIGTIME, DRIFT and PORTAL funding starts now and trading will be live on June 20.  Add your tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Make…

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Trading for Beam (BEAM) starts April 11 – deposit now

We’re thrilled to announce that Beam (BEAM) is now available on Kraken! Important: Kraken will not be supporting the migration of MC tokens to BEAM. If you hold MC tokens and wish to migrate them, please follow the instructions provided in this tutorial and FAQ: Beam Token Migration Tutorial and FAQ. Alternatively, you can directly…

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New OTC Portal pairs available for ETH, INJ and SOL

Now available to trade via RFQ within the OTC Portal: Base assetPairETHBTCINJUSDSOLBTC, ETH Here’s what you need to know about ETH, INJ and SOL: Ethereum (ETH) is a global, open-source platform for decentralized applications. Ethereum is a marketplace of financial services, games and apps that is trustless, decentralized and secure. ETH is the cryptocurrency powering…

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Kraken successfully passes November 2023 Proof of Reserves

This most recent Proof of Reserves covered the most widely held cryptocurrencies: BTC, ETH, USDC, USDT, DOT, ADA and XRP. It also included the open margin positions, futures balances and on-chain staked amounts of those assets. In total, approximately 78% of all clients’ cryptoassets held on the platform were covered by this most recent attestation. …

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Kraken’s OTC Portal is now part of Kraken Pro

We’re thrilled to announce that Kraken’s OTC Portal is now integrated within Kraken Pro. This integration allows OTC clients to access the features and functionality they know and love from our OTC Desk via a fully automated, self-service UI.  Access the OTC Portal by logging in to Pro and selecting “OTC” in the top navigation:…

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Kraken’s 2022 year in review

There has never been a dull moment in crypto, and this year was no exception.  In 2022, Kraken celebrated 11 years of our mission to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It’s been quite a ride. Our singular focus on this…