News

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 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 Appoints Dan Ciporin to Board of Directors

Accomplished fintech investor bolsters company’s advisory team Jan. 11, 2022 – SAN FRANCISCO – Kraken, one of the world’s leading crypto platforms, today announced the appointment of Dan Ciporin to its board of directors as an independent member. Dan brings a wealth of experience and insight directly applicable to the next phases of Kraken’s evolution.…

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Kraken Opens NFT Marketplace Beta to the Public

The most secure and seamless trading experience for non-fungible tokens SAN FRANCISCO – December 22, 2022 – Kraken, one of the world’s largest and most-trusted digital asset platforms, is excited to announce the public beta launch of Kraken NFT, the marketplace for collectors to explore, discover and securely trade NFTs. Following today’s earlier launch of…

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What is Proof of Reserves? A Beginner’s Guide

In light of recent events in the crypto industry, it’s becoming increasingly important for Kraken clients and industry participants to understand the significance of Proof of Reserves (PoR) at Kraken.  This technique, one that is only possible in the new world of cryptocurrency, is a way for Kraken clients to verify whether or not their…

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How Kraken is setting the standard for Proof of Reserves

After the enormous damage served to the crypto ecosystem this past week, we feel a responsibility to detail the standards, operating principles, and values surrounding trust and transparency at Kraken. As a company deeply rooted in crypto values, we have always encouraged our clients to self-custody their crypto and take back their financial freedom. Every…