FBI Drops Investigation of Kraken Founder Jesse Powell

The FBI has officially dropped its investigation into Kraken founder Jesse Powell and returned dozens of seized devices, including laptops and cellphones, according to Fortune. The investigation, which stemmed from a management dispute with a non-profit organization Powell founded, had no connection to his operations at the cryptocurrency exchange. Powell expressed relief over the conclusion … Read more

Kraken Derivatives US Launches in Multiple States, Expanding Access to Crypto Futures

Kraken has officially launched its regulated derivatives platform, Kraken Derivatives US, in Vermont, West Virginia, North Dakota, Mississippi, and the District of Columbia. This new offering allows U.S.-based clients to trade CME-listed cryptocurrency futures contracts alongside Kraken’s extensive spot crypto liquidity. The integrated Kraken Pro trading experience provides users with a unified interface for managing … Read more

Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi

Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as Apple, Amazon, and Microsoft in a blockchain environment. The … Read more

Crypto Exchange Kraken Enters Payments Race With Krak App

Crypto exchange Kraken has launched Krak, a global money application designed to facilitate free local and international payments using both fiat currency and cryptocurrency. Zero-Fee Global Payments: Kraken Unveils Krak Money App The app aims to address persistent issues within traditional financial systems, which Kraken co-CEO Arjun Sethi described as slow, costly, and opaque. Kraken … Read more

Kraken Secures MiCA License, Expands Regulated Crypto Services Across 30 EU States

Kraken’s MiCA license unlocks seamless access to 30 European markets, fueling its expansion with unified compliance, elevated trust, and a powerful edge in regulated crypto services. With MiCA License, Kraken Unifies European Crypto Compliance and Broadens Reach Regulatory clarity in the European Union has opened the floodgates for licensed crypto expansion, offering major players a … Read more

Kraken Launches Institutional Platform Offering Credit, 90% Market Access

Kraken Prime is redefining institutional crypto trading with unmatched liquidity access, smart order routing, and elite-grade security built to exceed Wall Street-level performance expectations. Kraken Prime Unveiled With Deep Liquidity, Smart Order Routing, and Institutional-Grade Security Crypto exchange Kraken announced on June 3 the introduction of Kraken Prime, a full-service prime brokerage platform created to … Read more

Kraken to Launch Tokenized US Stocks for Non-American Customers, Enabling 24/7 Trading

Kraken is set to launch tokenized versions of popular U.S. stocks, including Apple, Tesla, and Nvidia, allowing non-U.S. customers to trade these assets over a digital ledger. The initiative, branded as “xStocks,” aims to simplify access to U.S. equities for international investors by enabling 24/7 trading, even when U.S. markets are closed, according to a … Read more

Kraken Launches European Regulated Crypto Derivatives Offering From Cyprus

Kraken has announced the launch of Europe’s largest regulated crypto derivatives offering, enhancing its market-leading position in the region. Eligible clients and partners in the European Economic Area (EEA) can now access a comprehensive suite of liquid futures instruments, including both perpetual and fixed maturity contracts, all compliant with the Markets in Financial Instruments Directive … Read more

How Kraken Outsmarted North Korean Hacker Posing as Job Applicant

Kraken’s security team thwarted a sophisticated infiltration attempt by a North Korean hacker posing as a job applicant. By carefully advancing the candidate through its recruitment process, Kraken identified a larger network of fake identities tied to state-sponsored cyberattacks. Fake IDs, VPNs, and Github: Inside Kraken’s Hunt for a State-Sponsored Hacker In a striking example … Read more

Kraken Seals Ninjatrader Deal and Reveals $472M in Q1 Revenue

The Ninjatrader purchase, originally announced in March, has now been finalized and Kraken has also disclosed a 19% increase in year-over-year revenue during the first quarter. Kraken Finalizes Ninjatrader Purchase, Discloses 19% Jump in Earnings Cryptocurrency exchange Kraken, has wrapped up its $1.5 billion acquisition of retail futures platform Ninjatrader, according to a press release … Read more