Bitcoin's price dips below $90,000, yet Republic and Kraken ink nine-figure deals. If this is a bear market, someone forgot to tell big money.
Kraken Crypto News

Kraken is a cryptocurrency exchange established in 2011 and headquartered in California. The Kraken exchange hosts trading for a variety of crypto assets, including pairings with multiple different fiat currencies. Kraken Bitcoin trading occurs under the ticker XBT. Kraken offers a number of features, including margin trading for certain assets, with 5x as the leverage limit. Kraken also offers staking along with over-the-counter trading. OTC trading eligibility is based on certain parameters.
Among the Kraken crypto offerings is a futures trading platform, Kraken Futures, which allows maximum leverage of 50x — although customers located in certain regions, such as Kraken U.S. customers and those in Japan, cannot use the platform.
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The exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed.
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Bullish posted record revenue and profit in the third quarter, but the strong results failed to sway investors, with the company’s share price continuing to decline.
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The confidential filing with the SEC for a US initial public offering came less than a week after Grayscale Investments announced a similar move.
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Crypto exchange Kraken has raised $800 million across two funding rounds, which boosted its valuation to $20 billion.
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Speculation that Kraken was planning to go public has been circulating since mid-2024, with one report suggesting it would do so in the first quarter of 2026.
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Backed and Kraken’s xStocks sees rapid growth as investor interest in blockchain-based equities accelerates despite regulatory uncertainty.
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Arjun Sethi criticized the UK’s crypto regulations for burdening users with excessive disclaimers, saying they worsen customer experience.
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The biotech company's pivot into digital assets marks one of the largest treasury financings to date, underscoring growing institutional demand for tokenized finance.
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The tokenized asset marketplace plans to go public next year, joining a wave of crypto companies moving into public markets amid clearer US regulations.
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If approved, the charter will allow the crypto exchange to offer federally regulated custody and trust services in the United States.
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The exchange reported $648 million in quarterly revenue as trading activity, user growth, and new acquisitions boosted performance.
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Consumers deserve the choice to earn yield on stablecoins, not be boxed into earning interest only through banks, Kraken co-CEO Dave Ripley said.
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In a letter to the US regulator, Ondo argued that Nasdaq’s plan relies on undisclosed settlement details that could favor big players.
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After acquiring NinjaTrader for $1.5 billion, Kraken expands its derivatives offerings in the US with a $100 million acquisition of Small Exchange.
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