what's kraken?
Kraken is a leading cryptocurrency exchange platform founded in 2011, designed to provide secure and reliable trading services for digital assets. Its primary purpose is to facilitate the buying, selling, and storage of cryptocurrencies while bridging traditional finance with the crypto ecosystem. Key features include spot and margin trading for over 200 cryptocurrencies, futures trading via Kraken Pro, staking rewards, and support for multiple fiat currencies like USD, EUR, and GBP. The platform emphasizes security with features like two-factor authentication, cold storage for funds, and regular proof-of-reserves audits. Kraken also offers advanced tools such as API integrations for analytics and automated trading, and it has expanded into institutional services and NFT marketplaces. Recently, it has focused on user growth through promotions, new token listings, and integrations with networks like Aptos for assets such as USDT.
Kraken completed Proof of Reserves, launched Payward, discussed stablecoins, advised hackathon, and $1M Lightning.
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x.com/krakenfxExperienced approximately $5 billion in BTC outflows within 30 minutes on February 28, 2026, as part of a coordinated sell-off across major exchanges including Binance, Bybit, and Kraken.
Listed PACT token for trading.
Launched Kobot, an AI trading agent built for Claude Code that enables natural language terminal commands for checking prices, placing orders, managing portfolios, and exploring earn strategies, with direct interaction capability for Solana and Ethereum smart contracts.
Participates in the FO256 digital asset summit for family offices with institutional team representation from Daniel Berman.
Listed CFG perpetual futures with up to 20x leverage on Kraken Pro on 2026-02-27.
Integrated Payward Ramp with Onramper, enabling wallets and Web3 apps to offer fiat-to-crypto access with 24+ payment methods, 600+ assets, and coverage across 30+ markets through Kraken's regulated infrastructure.
Added IDOS to the listing roadmap, with IDOS scheduled to go live on 2026-03-05.
Listed ESP perpetual futures trading with up to 20x leverage on Kraken Pro.
Participated in $30 million Series A funding round for a crypto options trading platform alongside CMT Digital, Arrington Capital, and Digital Assets.
Received 11.2 billion PUMP tokens ($21.22 million, 1.12% of total supply) from a wallet linked to the PUMP core treasury on 2026-02-26.
Launched Flexline, a product allowing Pro users to borrow against crypto at fixed rates of 10%-25% APR for up to two years.
Bought 8,611 BTC worth approximately $430M as part of coordinated accumulation activity within a 30-minute period.
Received broker-dealer registration or license, enabling direct offering of traditional securities and stock trading services.
Runs a giveaway campaign with xStocksFi offering 10 winners 1 NVDAx token each, scheduled to close on 2026-03-04.
Partnered with Protocol Labs network team Magna Digital to expand infrastructure support for protocols and communities across web3.
Listed perpetual futures for BDX (Beldex) with up to 20x leverage on Kraken Pro.
Launched 24/7 perpetuals trading for gold, major stock indexes, TSLAx, AAPLx, NVDAx, $HOODx, and $GOOGLx, offering up to 20x leverage, 40+ collateral options, and futures across 350+ markets on February 24, 2026.
Attended a VIP dinner event with TON Blockchain, Introduction, Web3 Arcadia, and other Web3 industry participants on February 24, 2026.
Listed on Kraken exchange.
Enabled deposits and withdrawals of SEI on the Sei EVM.
Backs the Ink ecosystem on Optimism, providing distribution, trust, and user access.
Supports the OM to MANTRA token upgrade in collaboration with MANTRA_Chain.
Received approximately 1,600 AAVE (valued at approximately $195K) from Aave Labs multisig, marking the first transfer from this wallet to any centralized exchange in over 4 years.
Finalizing acquisition deal with Backed, the firm behind xStocks platform that has 80,000+ unique onchain holders and nearly $225M in assets under management.
xStocks surpassed $25 billion in transaction volume.
Listed PEPECOIN for trading on Kraken exchange on February 18, 2026.
Acquired Magna token manager for $70M via its Payward entity, bringing deeper token lifecycle infrastructure including vesting, claims, custody, and staking functionality.
Integrated Magma Smart Router, built on Lava Network's protocol, as an orchestration and observability layer.
Offers 1.75% APR on USDC deposits by default with no setup required and no lockup periods, while maintaining full tradability and withdrawal access.
Integrated with ICE Chat to expand institutional OTC trading access.
Promotes USELESS to 100M+ mainstream users via the Atlético Madrid vs Barcelona game after USELESS won Kraken's 'Memecoin Showdown'.
Participated as an investor in Canton DAT's $545M funding round alongside DRW, Liberty City Ventures, ARK Invest, Broadridge, Polychain Capital, Tradeweb Markets, Clear Street, Digital Asset, SBI Group, Copper, Kaiko, Lukka, and Canton Foundation.
Sponsors Trump Accounts for Wyoming newborns in 2026, citing crypto-friendly regulation.
Released Desktop version 1.12.0 with new chart tools, improved order controls, and UI upgrades.
Listed DOG token without charging a listing fee.
Launched Terminal feed feature inside Kraken Desktop for live news tracking.
Participates in CFTC initiative alongside Uniswap, Coinbase, Chainlink, Solana, CME, Nasdaq, ICE, Cboe, and DTCC to bring crypto into regulated markets as foundational infrastructure.
CEO appointed to CFTC's Innovation Advisory Committee, February 2026, to advise on crypto and prediction market regulation.
Sold 3,905 BTC within a 30-minute period on February 12, 2026.
Listed ESP token for trading; integrated Espresso to read deposit data from Espresso-integrated chains, reducing deposit confirmation time to seconds by eliminating reorg risk.
Relaunched stock portfolio transfer program for US users offering up to 2% rewards in USDG.
Integrated Chaos Labs' AI-powered risk management with cross-chain, cross-protocol vaults, pre-defined guardrails, and 24/7 instant liquidity on DeFi Earn platform, featuring two strategies across solvency, liquidity, and yield volatility risk dimensions.
CFO Stephanie Lemmerman exited ahead of planned IPO.
Added Hong Kong stocks and other stock offerings to the platform, expanding xStocks availability to additional markets.
Reached $20 billion in trading volume as of February 12, 2026.
Participated in a $540 million funding round for Tharimmune in November 2025, alongside ARK Invest, Broadridge, and the Canton Foundation, focused on building a Canton Coin treasury strategy.
Listed UP token for trading.
Offers 3% PEP token deposit match on cash or crypto deposits of $200 or more.
Sold 3,188 BTC in a coordinated dump involving multiple exchanges, totaling over $3.5B of BTC sold within 20 minutes.
Listed RAIN token for trading.
Appointed Robert Moore as CFO, moving Stephanie Lemmerman to an advisory role ahead of 2026 U.S. IPO.
serves as a validator for the Sei Network alongside Binance and Anchorage
Launched 199 new perpetual futures contracts for EEA and EU traders, including RIVER, HYPE, FARTCOIN, POPCAT, BNB, XAUT, TON, and WLD, with RIVER trading live on 2026-02-24.
Reached 8.4 million website visits in February 2026, ranking 8th among top prediction and crypto platforms.
Transferred 20,000 ETH (worth $41.67M) to a newly created wallet address 0xBf0bD2DC81a31eD4B7b19A0163718DE6A2347f52, likely belonging to Bitmine.
Launched Kraken 360, an end-to-end stack for protocol launches, including listings, liquidity, custody, compliance, staking, token operations, and distribution.
Completed another Proof of Reserves reinforcing 1:1 asset backing.
Participated in White House-facilitated discussions on stablecoin yields/rewards on February 2, 2026, with crypto firms and banking groups meeting for over two hours in a constructive session, though no agreement was reached on whether stablecoin issuers or third parties should be allowed to pay yield on stablecoins.
Serves as an advisor for the Pumpfun BiP Hackathon alongside other major players including Polymarket, Privy, 6th Man Ventures, Tim Draper, Jump Crypto, and Pantera Capital, with the hackathon offering $250K in funding to 12 projects.
Processed largest Bitcoin Lightning transaction for $1M with Secure Digital Markets.
Distributed $2 million in rewards in 2025.
Supports 1,466 trading pairs.
Listed over 300 tokens in 2025.
Pursued as a potential major exchange listing target by the BigTrout community, alongside ByBit.
Offers eligible clients $200 in fee credits on a first-come, first-served basis with no trading requirement or obligation, usable to reduce Futures trading costs, starting February 5, 2026.
Partners with Bitwise to provide custody, execution, and risk oversight for Bitwise's options-based income-generating solution for large spot holders.
Speaking at the Optimism Scaling Summit in Denver, with the event streamed worldwide.
Trading for SUP token begins on 2026-02-05.
Expanded derivatives trading across Europe and the UK in 2025, while US platform added CME-listed contracts spanning equities, FX, metals, and energy.
Acquired NinjaTrader for $1.5B in 2025.
Acquired prop trading firm Breakout in 2025.
Received $200M investment from Citadel Securities, valuing the company at $20B.
Lists RNBW token for trading on 2026-02-05 at 17:00 UTC.
Listed FIDD token (issued by Fidelity Digital Assets, NA) for trading.
Listed WARD token, trading starts 2026-02-04 12:00 UTC, as first USD1 token.
launched an L2 blockchain on the OP Stack.
VP of Consumer Products participated in "Tokenize Everything on Solana" panel at Solana Accelerate stage during Consensus Hong Kong on February 11, 2026, alongside CoinDesk, Solana, and Alpaca HQ.
Speaker representation confirmed at Chainalysis Links 2026 conference in New York City on March 31 to April 1, 2026.
Reported FY 2025 financial results showing $2.2B adjusted revenue (up 33% year-over-year), $531M adjusted EBITDA (up 26% year-over-year), $2.0T platform transaction volume (up 34% year-over-year), $48.2B assets on platform (up 11% year-over-year), 5.7M funded accounts (up 50% year-over-year), and futures DARTs up 119%.
Lists TRIA token for trading on 2026-02-03 at 10:00 UTC.
Received a transfer of 2,038 BTC from Abraxas Capital.
Launched invite-only beta of a HyperliquidX-style platform that will reward users with INK token at TGE
Listed INX token for trading.
Completed $345 million IPO for Kraken-backed KRAQx with Tribe Capital and Native Capital, trading on Nasdaq on January 30, 2026.
Listed BGB (Bitget platform token) for spot trading, marking the second CEX platform token listed after BNB.
Integrated Lava Network's Smart Router and Lava Protocol.
Listed CFX token for trading on February 2, 2026.
Integrated with Insilico Terminal, making Kraken trading available on the Insilico platform.
Routes xStocks user orders through Alpaca broker dealer for purchasing underlying shares backing stock tokens.
Lists ALEO token for trading starting on 2026-01-29 at 15:00 UTC.
Listed USAT stablecoin for trading.
Trading for HYPE token begins on Kraken on January 28, 2026 at 15:00 UTC.
Renewed partnership with Atlassian Williams F1 Team extending into 2026 and beyond, continuing involvement in grid activities and fan zones globally.
Integrated with Veda Labs to provide DeFi yield access to its 15 million users.
Lists CASH stablecoin for trading on 2026-01-27 at 14:00 UTC.
Integrated with Privy to provide wallet infrastructure for DeFi Earn product.
Integrated Chaos Labs into DeFi Earn, featuring AI-powered risk management, competitive yield, and 24/7 liquidity.
Integrated Sentora vaults to provide DeFi Earn users access to Morpho network and its onchain rates.
Sold 4,992 BTC in the 10 hours preceding January 26, 2026, 12:14 UTC.
Partners with RB Leipzig for a fan photo kit promotion where submitted fan photos will appear on jerseys worn during the March 7, 2026 match against Augsburg, with entries closing on February 1, 2026.