kraken10

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.

Snapshot

Kraken integrates for yield, cross-chain, automated trading, and lists new assets.

1H ago
PARTNERSHIP

Integrated with Aave to provide yield products to users through its platform.

PARTNERSHIP

Integrated with LI.FI protocol infrastructure to power cross-chain and yield aggregation features.

3H ago
MARKET ACTIVITY

Listed MAGIC•INTERNET•MONEY for trading.

6H ago
PARTNERSHIPOfficial

Integrated with Finestel for automated trading strategies, copy trading, signal bots, multi-account management, and unified terminal access.

7H ago
PARTNERSHIP

Ink network is being integrated by MRDN project.

9H ago
FINANCIAL EVENT

Received $200M from Deutsche Börse for 1.5% stake in parent company Payward, valuing at $13.3B, expected to close Q2 2026.

1D ago
RISK ALERT

Dealt with extortion attempt by two removed support staff who accessed user accounts and exposed customer information, occurring over a 24-hour period ending April 14, 2026. Will not pay ransom; no systems breached, client funds secure, working with federal law enforcement.

RISK ALERT

Two support team members, recruited by criminals, exposed client data from ~2,000 accounts on criminal forums in two separate incidents, including one in Feb 2025. Discovered via external tips; no systems breached, no funds at risk; access terminated, security measures implemented.

MARKET ACTIVITY

Launched traditional finance futures trading (S&P 500, Nasdaq 100, gold, oil, and FX futures) on Kraken Pro for eligible EU clients.

ONCHAIN METRICS

Chaos Veda_labs Vaults on Kraken DeFi Earn crossed $45M in total value locked.

3D ago
VISIBILITY EVENTOfficial

Hosted a hackathon, launched a colocation service, and conducted a closed-door institutional forum as recent activities.

MARKET ACTIVITYOfficial

Offers staking services for NEAR with up to 5% APY for bonded staking and up to 2.5% APY for Auto Earn.

4D ago
MARKET ACTIVITY

Opens spot trading for Quai Network token on the exchange.

TECH EVENT

Released Kraken CLI v0.3.0 with futures paper trading and real market data, expanding total commands to 151.

PARTNERSHIP

Collaborated with U.S. and U.K. authorities and other crypto firms including Coinbase in "Operation Atlantic" to trace and freeze millions in stolen funds linked to crypto scams and fraud.

5D ago
PARTNERSHIP

Integrated with HeyAnon AI agent platform through Model Context Protocol (MCP) connection to enable automated trading and DeFi operations.

MARKET ACTIVITY

Listed BONZO token for trading.

MARKET ACTIVITY

Listed PEPECOIN trading pairs including PEPECOIN/EUR for international and European markets.

1W ago
PARTNERSHIP

Integrated infrastructure with Pieverse to enable trading, staking, and account workflows accessible through messaging apps via Purr-Fect Claw.

PARTNERSHIP

Acquired Backed Finance, the parent company of Backed Assets (JE) Ltd which issues xStocks, through parent company Payward.

PARTNERSHIP

Provides distribution for Morpho protocol deposits alongside Coinbase.

MARKET ACTIVITY

Listed GIB token for trading.

TEAM UPDATE

Promoted Robert Moore from deputy CFO to chief financial officer at parent company Payward after he led the NinjaTrader acquisition.

MARKET ACTIVITY

Listed OKB for spot trading on the platform.

MARKET ACTIVITY

Increased spot trading volume by 30.2% in Q1 2026 compared to Q4 2025.

REGULATORY

Kraken Financial received Federal Reserve approval as the first digital asset bank with direct access to US payment systems; master account active Dec 2025-Mar 2026.

PARTNERSHIP

Integrated Smart Router, developed by Magma and built on Lava Network's protocol.

FINANCIAL EVENTOfficial

Launched tokenized equities offering up to 1% rewards through an opt-in program.

VISIBILITY EVENT

Participated in a panel discussion on issuing and settlement in the stablecoin space at the FintechMeetup Digital Assets stage with M0, Rain, and BVNK Finance.

WHALE ACTIVITY

Sold 11,416 BTC worth approximately $600 million in a three-hour period ending on 2026-04-02.

WHALE ACTIVITY

Four wallets withdrew a total of 32,879 ETH (valued at $69M) from Kraken on 2026-04-01.

PARTNERSHIP

Acquired Breakout, a trading evaluation and funding platform founded by @tradermayne.

MARKET ACTIVITY

Hosts SYND Trading Challenge on its platform

MARKET ACTIVITYOfficial

Listed VCXx token for trading on the platform.

VISIBILITY EVENT

CCO participated in a panel discussion at #links26 conference on April 1, 2026, alongside Binance and OKX executives, discussing AI-enhanced blockchain intelligence tools for compliance.

FINANCIAL EVENT

Offers VIP clients 10% APY on Global Dollar (USDG) stablecoin staking, starting April 6, 2026 until June 8, 2026.

VISIBILITY EVENTOfficial

Runs a giveaway promotion offering 5 tickets to the Miami race and 1 Bitcoin as prizes.

2W ago
MARKET ACTIVITYOfficial

Listed USDe stablecoin on Kraken Pro, offering automatic rewards up to 4.25% APY through Kraken+ program with no lockups as a limited-time offer for eligible users. Integrated as a counterparty for institutional triparty collateralized lending to support USDe backing, alongside Coinbase and Anchorage.

MARKET ACTIVITY

Added five new margin trading pairs: BNB/EUR, W/EUR, HYPE/EUR, HBAR/EUR, and JUP/EUR, expanding the margin trading offering to over 250 pairs.

RISK ALERT

Kraken whale lost 8,662 ETH ($18.2M) to targeted social engineering scam; attacker bridged 878 ETH ($1.78M) to 26.5 BTC via THORChain and deposited 5,347.9 ETH into HitBTC on March 31, 2026.

VISIBILITY EVENT

Hosts AI trading hackathon with lablabai, offering $5,000 in prizes for building AI trading agents. Prize pools include trading ($1,800/$750/$450) and social ($1,200/$500/$300) categories, for agents trading crypto, stocks, and forex.

ONCHAIN METRICS

Kraken's DeFi product powered by Privy has reached over $150 million in deposits.

MARKET ACTIVITY

Listed BASED/USD spot trading pair on March 30, 2026.

MARKET ACTIVITY

Listed SCOR token for trading.

MARKET ACTIVITY

Enabled USDC and USDT deposits and withdrawals on Sei EVM.

MARKET ACTIVITY

Lists RIVER token for trading.

VISIBILITY EVENTOfficial

Received top crypto platform recognition from Finder and WeMoney in Australia for the third consecutive year (2024, 2025, and 2026).

VISIBILITY EVENTOfficial

Attracts most volume to Kraken Earn's 1-day withdrawal vault, reflecting demand for yield quality over instant access, discussed at BlockworksDAS.

TECH EVENTOfficial

Launched Split Bill feature on Krak mobile app.

TECH EVENTOfficial

Released refreshed home screen design on Krak mobile app.

MARKET ACTIVITY

Listed $SHAPE token for trading.

WHALE ACTIVITY

Sold 11,416 BTC in a 30-minute period ahead of US market open on March 27, 2026.

VISIBILITY EVENT

Launched Kraken-backed perpetuals DEX, $INK token, and Ink Points airdrop program Season 1 on April 13, 2026 for Ink blockchain users and Kraken account holders, with weekly snapshots converting to $INK at TGE.

PARTNERSHIP

Integrated LI.FI Protocol's API for cross-chain transfers, swaps, perps, and yield-discovery, accessing hundreds of blockchains and thousands of assets.

FINANCIAL EVENTOfficial

ONDO Finance integrated with Kraken for tokenized stocks and ETFs distribution, with Kraken Pro rewarding US users up to 2% back in USDG until 2026-03-31.

PARTNERSHIP

Launched Dual Investments product on Kraken Pro, integrating with STS Digital as first exchange partner for structured products. Offers fixed APR with payout terms based on user-selected target price across 400 tokens for retail and institutional traders.

WHALE ACTIVITY

Two wallets withdrew 67,110 ETH ($144 million) from Kraken on 2026-03-24.

3W ago
VISIBILITY EVENT

Powers a production chain within the OP Stack ecosystem, which supports 50+ chains, $5B TVL, and handles 57% of L2 transactions.

WHALE ACTIVITY

Acquired 8,611 BTC following the US-Iran ceasefire deal as part of coordinated institutional accumulation totaling $4.5B across multiple exchanges.

OPINION SPECULATION

Pulled IPO for third time in week ending March 23, 2026.

VISIBILITY EVENTOfficial

Launched 'The Crypto Closeout', a weekly live YouTube show in collaboration with NinjaTrader.

WHALE ACTIVITY

Abraxas Capital deposited $70,330,000 in BTC to Kraken on 2026-03-20.

VISIBILITY EVENT

Co-CEO Dave Ripley will speak at Bitcoin 2026 conference.

FINANCIAL EVENT

Acquired a futures exchange with a Uniswap-style liquidity model for $100M from Tom Sosnoff.

FINANCIAL EVENT

Raised funding at a $20 billion valuation in November 2025.

MARKET ACTIVITY

Acts as one of the distribution platforms for FTX Recovery Trust's $2.2B fourth creditor payout, starting March 31, 2026, with fund delivery within 1-3 business days.

TECH EVENTOfficial

Launched instant USD withdrawal for US clients, 24/7 including weekends and holidays; released Desktop version 1.14.0 with chart setup upgrades.

VISIBILITY EVENT

Participated in a panel discussion on "Blockchain Meets Banking" at Transform Finance's FinCrime Leaders Summit UK in London alongside UK banks and TRM Labs.

MARKET ACTIVITY

Launched TradFi futures (gold, S&P 500, oil, Nasdaq 100) and crypto futures, including RAVE perpetuals, on Kraken Pro for eligible EU clients, with up to 20x leverage and 23/5 market access.

FINANCIAL EVENTOfficial

Launched tGBP earning program offering 2% APY, 3.75% for Kraken+ subscribers, and a 4% promotional APY for Kraken+, with no lockups and full tradability.

1M ago
VISIBILITY EVENTOfficial

Launched a promotional campaign offering Miami Race weekend tickets to users who trade $10 or more, with prizes including 2 tickets for 3 days trackside at the Atlassian Williams F1 Miami Grandstand.

TECH EVENT

Launched DeFi Earn product with Chaos Labs' Chaos AI powering vault strategies, oracles, and analytics.

MARKET ACTIVITY

Listed KAT token on Kraken March 18, 2026 (TGE)

MARKET ACTIVITY

Launched 70 TradFi futures markets (S&P 500, Nasdaq-100, gold, oil, FX pairs), 10,000+ synthetic trading pairs, and 290+ crypto perpetuals on Kraken Pro, adding three new margin trading pairs: 0G/USD, SKY/USD, QNT/USD.

ONCHAIN METRICS

Crossed $40M deposits in Chaos Labs' Balanced/Boosted vault strategies on Kraken DeFi Earn.

ONCHAIN METRICS

Recorded $39M in xStocks trading volume for February 2026.

ONCHAIN METRICS

Reached cumulative $353M in total tokenized equities volume.

PARTNERSHIP

Partnered with Blockworks for buy buttons on asset pages and with JasonYanowitz on March 13, 2026.

FINANCIAL EVENT

Backed Eightco in a $125M funding round through parent company Payward alongside BitMine and Ark Invest.

WHALE ACTIVITY

A whale withdrew $93M worth of Ethereum in a single transaction from Kraken.

MARKET ACTIVITY

Listed PI for spot trading on March 13, 2026. Received approval from Kansas City Fed for limited-purpose account access to Federal Reserve payment systems, questioned by U.S. Rep. Maxine Waters.

MARKET ACTIVITY

Listed PACK token for trading.

WHALE ACTIVITY

A wallet linked to DNA Fund withdrew 11,067 ETH ($22.83M) from Kraken on 2026-03-12.

PARTNERSHIPOfficial

Released open-source CLI for AI agents, supporting 134 commands for spot, forex, derivatives, paper trading, staking, and streaming operations. Integrates with SYRA's trading agentic infrastructure layer, offers native MCP support, and is compatible with Claude Code, Cursor, and Codex.

ONCHAIN METRICS

Received a $25 million deposit into Kraken Earn's Advanced Strategies from Euler's syrupUSDC vault on March 10, 2026.

RISK ALERT

Ledger researchers identified a MediaTek processor exploit in Kraken Wallet on Android phones, allowing physical access to extract PINs and seed phrases in 45 seconds.

WHALE ACTIVITY

Whale withdrew 73,745 ETH from Kraken over a 3-day period, accumulating 80,159 ETH ($166M) total over 4 days ending March 14, 2026, at an average price of $2,079 across 4 wallets.

PARTNERSHIPOfficial

Partnered with Magna Digital to power industry networking events, starting with ETHCC in Cannes.

VISIBILITY EVENT

Attended FIA Boca derivatives conference in March 2026, discussed prediction markets, perpetuals, 24/7 markets, and regulatory harmonization.

MARKET ACTIVITY

Listed ALEO perpetual futures trading.

ONCHAIN METRICS

Achieved a BeaconScore of 99.5849% for Ethereum staking over the 30-day period ending on 2026-03-10, ranking third among top performers and 0.32 percentage points above the network average of 99.2621%.

PARTNERSHIP

Expanded into broader CeFi ecosystems including Kraken and Hyperliquid as distribution channels for mETH liquid staking token.

VISIBILITY EVENT

Head of Compliance Stavros Vassiliades speaks at Vision Forex Forum in Cyprus on 2026-03-19, covering cross-border compliance, AML and leverage rules, crypto/CFD convergence, client protection, and scaling compliance with AI and automation.

MARKET ACTIVITY

Listed Fractal Bitcoin (FB) as WFB (ERC-20) for spot trading on March 10, 2026.

MARKET ACTIVITY

Eyes tokenized stocks for potential listing or trading integration.

MARKET ACTIVITY

Launched native, USDC, and USDT0 deposits and withdrawals on Sei EVM.

OPINION SPECULATION

Launched Payward Services platform, logging $25B volume ($4B on-chain). Features xStocks for tokenized equities/perpetuals, including Fundrise's VCX fund tokenization for SpaceX, OpenAI, and Anthropic exposure; Dual Investments on Kraken Pro; and Krak app with Metal card, supporting IBAN transfers and crypto send/receive.

VISIBILITY EVENT

Identified as one of Privy's fastest growing customers for DeFi services.

ONCHAIN METRICS

DeFi Earn deposits reached $125M, powered by Aave through automated DeFi vault strategies.

MARKET ACTIVITY

Listed OPN perpetual futures with up to 20x leverage on Kraken Pro.