Kraken

President Donald Trump signed an Executive Order on Tuesday directing regulators to take measures to promote fintech innovation, including an assessment of extending access to Federal Reserve payment rails. Regulators Instructed To Do Away With ‘Outdated’ Laws The Executive Order...

The parent of the Kraken crypto exchange, Payward, is seeking to raise new capital at a $20 billion valuation, as the company looks towards going public in the future. The funding effort was reported alongside a strategy that moves Kraken beyond spot token trading and deeper into markets such as...

Kraken has entered into a definitive agreement to acquire Reap Technologies, a stablecoin-native, card-issuing and payments infrastructure company, for up to $600 million payable in cash and stock. The transaction values Payward, the parent company of Kraken, at $20 billion and will expand the...

Kraken‘s co-CEO Arjun Sethi indicated on Tuesday that the cryptocurrency exchange’s confidential initial public offering (IPO) filing process was still active, following reports that the plan had been paused. In November, Kraken confidentially filed for an IPO following an $800 million...

Rep. Maxine Waters (D-Calif.) sought further information on Thursday on the decision to grant cryptocurrency exchange Kraken access to Federal Reserve services. Waters Says Approval Lacks Transparency Waters, the leading Democrat on the House Committee on Financial Services, penned a letter to Jeff...

Cryptocurrency exchange Kraken announced a delay in its initial public offering (IPO) due to unfavorable market conditions affecting the digital asset sector.  • How is BTC doing today? The crypto sector has faced challenges since Bitcoin’s (CRYPTO: BTC) peak in October. Bitcoin...

SkyBridge Capital founder and Bitcoin (CRYPTO: BTC) bull Anthony Scaramucci lauded Kraken on Wednesday after the cryptocurrency exchange secured a Federal Reserve master account. Kraken Evolving Into Something ‘Much Bigger,’ Says Scaramucci Scaramucci said on X that Kraken is...

Editor's Note: This headline has been updated for accuracy. Cryptocurrency exchange Kraken said on Tuesday that its valuation soared to $20 billion following a funding round in which it raised $800 million. Notable Investors The primary tranche was led by institutional investors, including...

A more favorable regulatory outlook in the U.S. is prompting a wave of crypto companies to pursue public listings and attracting increased venture capital activity, according to a recent research note from JPMorgan (NYSE:JPM). Analysts led by Nikolaos Panigirtzoglou pointed to the Senate's progress...

Cryptocurrency exchange Kraken is preparing to roll out tokenized versions of major U.S. stocks like Apple (NASDAQ:AAPL), Tesla, and Nvidia (NASDAQ:NVDA) for users outside the United States. What Happened: The offering will allow non-U.S. investors to buy and trade digital tokens that mirror the...

Cryptocurrency exchange Kraken revealed plans on Thursday to purchase NinjaTrader, a U.S.-based retail futures trading platform, in a $1.5 billion deal. The move is designed to facilitate Kraken's entry into the U.S. crypto futures market by utilizing NinjaTrader's regulatory framework. What...

Cryptocurrency exchange Kraken is preparing to go public, capitalizing on improved regulatory conditions in the United States under President Donald Trump's administration. The company, legally registered as Payward Inc., is reportedly planning an initial public offering as early as the first...

At a first-of-its-kind crypto summit at the White House, President Donald Trump pledged to make U.S. the global leader in Bitcoin (CRYPTO: BTC) and digital assets, signaling his administration's full embrace of the cryptocurrency industry. What Happened: On Friday, more than two dozen top crypto...

The Securities and Exchange Commission dismissed a lawsuit against cryptocurrency exchange Kraken and closed an investigation against non-fungible token company Yuga Labs, the two firms announced on Monday. What happened: Dave Ripley, co-CEO of San Francisco-headquartered Kraken, said the SEC...

FTX on Monday announced that its Chapter 11 bankruptcy reorganization plan will become effective on Jan. 3, 2025. Customer and creditor distributions will be facilitated through partnerships with cryptocurrency platforms Kraken and BitGo. The first round of distributions is expected to occur within...