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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Clients in 10 states will now be able to trade stocks and crypto from one platform.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kraken now offers U.S. equities trading after a $1.5 billion acquisition deal with futures trading platform NinjaTrader and ahead of a planned IPO.
The partnership will see the crypto exchange introduce physical and digital debit cards users will be able to use to spend their cryptocurrency throughout the world.
Janover Inc., a real estate data platform, is undergoing a significant transformation after a group of former Kraken executives acquired a controlling stake. According to an April 7 statement, the company is rebranding to DeFi Development Corporation and redirecting its focus to decentralized finance, beginning with Solana. Janover explained that it has adopted a new […]
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Kraken announced it will offer free Interac e-Transfer deposits for Canadian users to reduce friction for newcomers to the platform.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kraken co-CEO Arjun Sethi said tokenized equities are going to be larger than stablecoins like Tether, with futures and options on top.
It follows the dismissal of the SEC's case against Coinbase, while other crypto firms still await confirmation of their cases being dropped.
The company's plan to possibly go public follows the SEC dropping its case against the firm for alleged securities law violations.
Coinbase is reportedly in advanced talks to acquire Deribit, Kraken is set to acquire NinjaTrader and Robinhood is integrating Bitstamp.