The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Ink Foundation said there will be a hard cap of 1 billion INK tokens, which will not be used for protocol governance.
Kraken's survey found that 31% of respondents saw advancements in security could help protect digital asset funds.
Mainstream interest is broadening beyond Bitcoin's "store of value" use case toward blockchain-based financial innovation, the analysts said.
Backed by Kraken, Slow Ventures, and CMCC Global, the trading platform offers on-chain custody combined with high speed execution.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kraken Prime will offer institutional crypto clients trading, custody and financing through a unified platform.
Kraken joins Coinbase Prime and FalconX in offering prime brokerage services to institutional crypto clients.
Some traders see this round of $5 billion in FTX unlocks as a potential liquidity source for an upcoming “alt season.”
BitGo has reportedly initiated the second phase of FTX’s repayment process, marking another milestone in the exchange’s long-awaited recovery effort. On May 27, FTX creditor Sunil Kavuri reported that user accounts had been credited through BitGo as part of the repayment rollout. However, these funds will remain locked from trading until May 30. He said: […]
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The tokens will be deployed on Solana and backed by real securities held by Kraken’s partner, Backed Finance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said.
Kraken is offering derivatives trading in digital assets, compliant with Europe's Markets in Financial Instruments Directive (MiFIDII).
The move marks the exchange’s latest European expansion, approximately a month and a half after launching its derivatives trading in the UK.
Attackers reportedly tried bribing support agents, but Binance and Kraken’s internal systems blocked the attempts.
Binance and Kraken were also targets of social engineering attacks targeting Coinbase customer service representatives.
Bankrupt crypto exchange FTX will disburse more than $5 billion to creditors beginning May 30 via distribution partners BitGo and Kraken.
Ripple and Kraken executives said at Consensus 2025 that stablecoin adoption is at a tipping point to become an integral part of the global payment system.
Kraken started 2025 on a high note, reporting a 19% increase in revenue year-over-year to $472 million for the first quarter. The May 1 earnings statement also highlighted a 1% quarter-over-quarter rise in adjusted EBITDA, reaching $187 million. Meanwhile, the company’s performance indicators showed similar momentum. The firm noted that its total trading volume rose […]
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The exchange posted adjusted EBITDA of $187 million, a 1% increase from the previous quarter and a 17% rise year-over-year.
Kraken earned $472 million in revenue in the first quarter of 2025, a 19% jump year-over-year, according to a blog post on Thursday.
Kraken recently made strategic investments in startups that will allow it to grow the derivatives side of its business.
The solution went live in the Netherlands, France, Spain, Ireland, Italy and Belgium, with plans to expand across the EEA, UK and U.S.
The Nasdaq-listed company now holds over $34 million in SOL since adopting a Solana treasury strategy earlier this month.
GBP/USD and EUR/USD perpetual futures will be available on Kraken Pro, the exchange's product offering more technical tools for advanced traders launched in 2022.
The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro.
A Kraken spokesperson said the firm is “making the difficult decision to eliminate certain roles and consolidate teams where redundancies exist, while continuing to hire in key areas of the business.”
Former Kraken executives led by Joseph Onorati took over the real estate-focused fintech company aiming to become the first U.S.-listed firm with treasury strategy centered on Solana.
Kraken is expanding into traditional finance by launching access to over 11,000 US-listed stocks and exchange-traded funds (ETFs), according to an April 14 statement. The crypto trading firm revealed that its users can now trade equities commission-free through Kraken Securities LLC, a newly launched FINRA-regulated arm of the exchange. The service is available to residents […]
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