Tag: Kraken

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Kraken to Expand in Dubai After VARA Approval

Cryptocurrency exchange Kraken moved closer to a launch in the United Arab Emirates after its operator, Payward, received preliminary approval from Dubai’s Virtual Assets...

Kraken parent Payward's Q1 revenue climbs despite crypto market slump

Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO

The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

Kraken Migrates to Chainlink CCIP for Wrapped Bitcoin and Future Wrapped Assets

Kraken is deprecating its existing cross-chain infrastructure and moving exclusively to Chainlink CCIP to secure Kraken Wrapped Bitcoin (kBTC) and all future wrapped assets.Kraken...

Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets

Kraken said it will replace LayerZero, a protocol for moving crypto assets across blockchains, with Chainlink’s equivalent after the $292 million bridge exploit that...

Kraken parent Payward, Franklin Templeton plan onchain investment products

Payward, the parent company of crypto exchange Kraken, is working with asset manager Franklin Templeton to expand the use of tokenized financial products for...

Kraken Launches Flexline, Crypto-Backed Lending Product for Builders and Traders

Kraken introduced Flexline, a lending product that accepts cryptocurrency as collateral at 10–25% APR fixed rates, targeting crypto-native businesses and high-net-worth individuals excluded from...

Crypto platform Kraken is raising capital at $20 billion valuation ahead of its planned IPO

Payward, the parent company of crypto platform Kraken, is raising new capital at a $20 billion valuation, according to two people with knowledge of...

Kraken Parent Company Applies for OCC Charter in Move Toward Banking

Latest NewsPublishedMay 8, 2026The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.Payward,...

Kraken Parent Payward Seeks US Federal Trust Charter

Payward says the OCC national trust charter would complement Kraken's banking arm, Kraken Financial.Payward, the parent company of crypto exchange Kraken, has filed an...

Kraken parent goes for the OCC charter in bid to become a federal crypto bank

Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptroller of...

Kraken Launches Spot Margin Trading for US Clients

Retail users can now post crypto as collateral and trade with up to 10x leverage on Kraken Pro.Kraken on Wednesday launched CFTC-regulated spot margin...