Kraken Crypto News

Kraken Derivatives US launched after the exchange’s acquisition of futures platform NinjaTrader earlier this year.

Rails, Yupp, Beam, Frachtis, Inference Labs, Gradient Network, Story, Blueprint Finance and Units Network headline the latest VC Roundup.

Paxos launched the Global Dollar stablecoin in the EU, claiming MiCA compliance and support from Kraken, Robinhood and Mastercard under the GDN initiative.

Bitcoin adoption grew considerably in June, with 26 firms adding it to their balance sheets; meanwhile, Bitcoin’s hashrate fell 15%.

More than 60 tokenized stocks are now live on Kraken, Bybit and Solana DeFi via Backed Finance’s xStocks.

Kraken’s new “Krak” system will compete against other money-transmitting apps such as Cash App and Venmo.

Several exchanges have announced MiCA licenses this year, following requirements being enforced in 2024 to offer digital asset services in the EU.

The company’s CEO described the stock tokenization as a “DeFi Lego block,” suggesting it serves as a foundational piece for decentralized finance adoption.

The crypto exchange is setting up a new headquarters for the first time since shuttering its San Francisco office in 2022, following reports of employees being attacked.

Kraken has launched a Bitcoin staking service in partnership with Babylon, allowing users to earn BABY tokens.

Crypto IPO season is underway. Circle’s explosive debut has fueled filings from Gemini and Bullish, with Kraken, BitGo, and Consensys potentially next.

Alchemy Pay is preparing to launch 55 US tokenized ETFs and stocks on multiple networks, including Solana, via Backed’s xStocks.

Kraken, through a partnership with Backed, will offer the product on the Solana blockchain.

Kraken has launched MiFID II-regulated crypto derivatives trading for retail and institutional users in Europe following its acquisition of a licensed Cypriot investment firm.

The deal reflects competition among crypto exchanges to dominate the burgeoning derivatives market.