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.
Links
x.com/krakenfxReached 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.
Completed another Proof of Reserves reinforcing 1:1 asset backing.
Introduced Payward as the shared infrastructure powering Kraken's multi-product suite.
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.
Executed a $1M Bitcoin transaction via Lightning Network in a pilot project with Secure Digital Markets, described as the largest Lightning payment ever publicly recorded.
Distributed $2 million in rewards in 2025.
Listed over 300 tokens in 2025.
Supports 1,466 trading pairs.
Pursued as a potential major exchange listing target by the BigTrout community, alongside ByBit.
Offers $200 in fee credits to eligible clients on Kraken Pro on a first-come, first-served basis with no trading requirement or obligation to use them, 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.
Acquired NinjaTrader for $1.5B in 2025.
Acquired prop trading firm Breakout in 2025.
Expanded derivatives trading across Europe and the UK in 2025, while US platform added CME-listed contracts spanning equities, FX, metals, and energy.
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.
Lists WARD token with trading starting on 2026-02-04 at 12:00 UTC.
launched an L2 blockchain
Kraken team including Mark LG will attend Consensus 2026 in Hong Kong for institutional, market structure, and tokenization discussions with 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 a $345 million upsized IPO through Kraken-backed KRAKacquisition Corp and began 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 Smart Router powered by Lava Network, developed in collaboration with Lava Network contributors over a 7-week period.
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 with Chaos Labs for AI-powered vault management and dynamic monitoring in DeFi Earn product.
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.
Expanded operations into Argentina as a new regional market.
Faced scrutiny over handling of a roughly $3 million vulnerability.
Listed IN token (INFINIT) for trading
Lists SPACE token with trading starting on January 23, 2026 at 12:00 UTC.
Partners with Atlético de Madrid for a memecoin community competition to win jersey sleeve placement.
Lists BDX token for trading on 2026-01-22 at 15:00 UTC.
Lists SENT token for trading on 2026-01-22 at 12:00 PM UTC.
Listed BOBA token for trading, serving as the official distributor for USA users.
Listing TEL (Telcoin Network native token) for trading on January 22, 2026 at 14:00 UTC.
Partners with Rails (rails_xyz) for trading launch scheduled on 2026-02-04.
Lists ZIG perpetual futures trading with up to 20x leverage on January 22, 2026.
Purchased 2,537 BTC on January 21, 2026.
Sold 3,500 BTC in the 24 hours ending January 20, 2026.
Launched beta test for Inky, a product enabling universal swaps across chains without manual bridging, supporting Solana and Base tokens.
Lists SKR token with trading starting on January 21, 2026 at 02:00 UTC.
Sold 4,279 BTC as part of a coordinated exchange-led distribution totaling $4B across multiple platforms.
Experienced outflows of over 8,300 BTC on January 19, 2026, shortly before a Bitcoin price crash.
Lists ACU token for trading on January 20, 2026 at 12:00 UTC.
Listed DOG token for trading.
Lists ROLL token for trading on 2026-01-16 at 12:00 UTC.
serves as one of three distribution providers (alongside BitGo and Payoneer) for FTX estate creditor payouts, with the fourth distribution scheduled to commence on March 31, 2026
Nado CLOB DEX achieved $1 billion in 24-hour trading volume during its private alpha phase.
Accumulated 11,499 BTC (3,508 BTC + 7,991 BTC) in the last few hours following PCI data release on 2026-01-13.
Transferred 1.35B USDC to Circle through wallet DTQK7G between October 15, 2025 and January 13, 2026.
Participated in the CFTC's CEO Innovation Council formed in late 2025 to discuss tokenization, blockchain infrastructure, and market structure innovations.
Sold 2,911 BTC over a 10-hour period ending around January 12, 2026.
Ink L2 confirms airdrop scheduled for later in 2026.
L2 'Ink' surpassed $500M in DeFi TVL.
Bought 2,551 BTC in a single hour on 2026-01-09, part of coordinated accumulation totaling over $3B across multiple exchanges following a Supreme Court tariffs ruling delay.
Dropped in ranking on Setter Capital's Q4 2025 list of most in-demand startup secondary shares, likely due to the funding round announced in November 2025.
Lists FLOCK token, which powers the Flock.io decentralized AI training platform.
Lists AUSD (Agora digital dollar) for trading, with launch scheduled soon as of January 2026.
Listed FRNT token (Wyoming Stable Token's USD-backed stablecoin) for trading on January 7, 2026.
Sold 4,172 BTC during low liquidity hours on January 7, 2026.
xStocks tokenized equities surpassed $10B in combined transaction volume
Selected as custody partner for Ethena's USDe backing assets, joining Copper, Ceffu, and Anchorage Digital Bank as custody providers.
Listed on Kraken on January 6, 2026 at 14:00 UTC as part of a simultaneous listing across four major exchanges.
Pursuing an initial public offering (IPO).
Customer data is allegedly being sold on the dark web.
Will list BREV token on the exchange.
Listed VET (VeChain) for trading.
Runs a promotional incentive program offering €25 in BTC to new users who sign up with a code and trade €50, valid from 2026-01-01 through 2026-01-31.
Listed on Kraken exchange with MIM trading pairs available.
Listed on Kraken exchange, providing tier-1 platform access with deep liquidity and clean collateral support for mETH token.
Will begin collecting user transaction data and balances for EU tax residents starting January 1, 2026, under the EU DAC8 Directive, with first reports due to national authorities in 2027.
Received 15,611.9 BTC transfer from an unknown wallet, split into 10,000 BTC to cold wallet and 5,611.9 BTC to hot wallet.
Received $50 million USDC transfer from PumpFun's treasury/ICO wallet on December 28, 2025, part of over $600 million USDC moved through Kraken since mid-November 2025.
Launched Krak, a remittance app offering stablecoin balances earning around 4% APY and a Mastercard debit card with zero FX fees across 160+ countries.
Bought 3,217 BTC within a 24-hour period ending December 23, 2025.
Lists OMI token trading on 2025-12-23 at 15:00 UTC.
Signed onto a letter with 125+ companies defending the GENIUS Act provision that allows intermediary platforms to offer stablecoin rewards.
Participated in UK FCA consultation on exchanges, staking, lending, and DeFi regulations with a 2027 deadline for implementation.
Listed ZKP token for trading on December 19, 2025, with geographic restrictions applying to the listing.