Kraken is a long-running cryptocurrency exchange offering crypto trading, staking, custody, futures, and infrastructure services for consumers and institutions.
Kraken leverages embedded wallet infrastructure to eliminate technical barriers like gas fees and cross-chain bridging for retail traders.
Kraken will distribute 1:1 asset-backed SPCXx tokens, allowing users in over 110 markets to trade Elon Musk’s aerospace giant before and after its public debut.
Following major regulatory milestones from the CFTC, Kraken aims to onshore highly leveraged crypto derivatives volume for US institutional clients under domestic oversight.
Partnering with Veda and Sentora, Kraken’s new automated DeFi vehicle allows long-term Bitcoin holders to generate BTC-denominated rewards through on-chain lending protocols without manual bridging friction.
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.