Kraken news and trends

Kraken Considering $100 Million Funding Round Before Possible IPO
Cryptocurrency // June 06, 2024

Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The company has received inquiries from potential investors amid the current rally in the digital asset market, Bloomberg reported Thursday (June...

Kraken Acquires TradeStation Crypto to Expand Regulatory Licensing in US
Acquisitions // April 18, 2024

Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The transaction is part of our efforts to accelerate our U.S. presence and will unlock further...

Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally
Personnel // April 16, 2024

Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff.  The turnaround at the digital asset exchange began after bitcoin and other tokens rallied, Bloomberg reported Tuesday (April 16).  The company has added 700...

Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
Cryptocurrency // April 10, 2024

The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10) at Chainalysis’ Links conference in New York, the Wall Street Journal (WSJ) reported Wednesday. Each of...

Interviews & Exclusives
Kraken CEO Jesse Powell, Crypto’s First Banker, Steps Down

September 21, 2022
Update: Adds background.   Jesse Powell, the CEO of the first U.S. cryptocurrency exchange to receive a banking license, is stepping down. Powell made history on Sept. 16, 2020, when his San Francisco-based Kraken cryptocurrency exchange became the first crypto industry firm to receive a special-purpose depository institution (SPDI) charter from the Wyoming Division of […]

Citing Libertarian Values, CEOs of Crypto Exchanges Won’t Cut Off Russian Customers

March 04, 2022
Asking cryptocurrency exchanges to block the addresses of their Russian users last weekend, Ukraine’s Vice Prime Minister Mykhailo Fedorov said: “It’s crucial to freeze not only the addresses linked to...

Quick Reads
Kraken Considering $100 Million Funding Round Before Possible IPO

June 06, 2024
Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The company has received inquiries from potential investors amid the current rally in the digital asset market, Bloomberg reported Thursday (June 6), citing unnamed sources. While declining to comment specifically on […]

Kraken Acquires TradeStation Crypto to Expand Regulatory Licensing in US

April 18, 2024
Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The...

Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally

April 16, 2024
Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff.  The turnaround at the digital asset exchange began after...

Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements

April 10, 2024
The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10)...