Kraken is a long-running cryptocurrency exchange offering crypto trading, staking, custody, futures, and infrastructure services for consumers and institutions.
In a major push to overhaul US banking restrictions, a new White House executive order gives the Federal Reserve 120 days to draft a blueprint for integrating digital asset firms directly into sovereign payment networks.
RWA tokenization hits a massive distribution milestone. By integrating xStocks pipelines, Bitget Wallet brings zero-fee, gasless access to blue-chip equities directly inside its self-custodial infrastructure.
Payward Inc., the parent company of Kraken, has trimmed roughly 5% of its workforce, blaming AI-driven operational efficiencies. The corporate realignment comes despite an aggressive $2.6 billion acquisition run and an upcoming public debut that may now slip into 2027.
With the $550 million acquisition of Bitnomial closed, Kraken’s parent company, Payward, now holds the regulatory “Triple Crown” required to offer regulated crypto futures, options, and spot margin to US clients.
Gemini’s Olympus unit has been granted a DCO license, allowing the exchange to act as its own clearinghouse for prediction markets, futures, and options.
Payward, the parent of Kraken, is acquiring Bitnomial in a deal worth up to $550 million, securing key regulatory licenses to expand its crypto derivatives business in the US.
Kraken has confirmed it confidentially filed for a US IPO, signaling renewed momentum in crypto markets despite a lower valuation.
Crypto exchange Kraken has paused its IPO plans amid weaker market conditions, signaling a more cautious environment for public listings in the digital asset sector.
Nasdaq has partnered with crypto exchange Kraken to develop infrastructure for tokenized equities, aiming to connect traditional capital markets with blockchain-based trading systems.
Kraken’s banking unit has received limited master account access from the Federal Reserve Bank of Kansas City, allowing direct use of Fedwire without full banking privileges.