Kraken
Coverage of Kraken in the Nexus archive.
- Binance bStocks passes xStocks as second-largest tokenized stock issuer
Binance bStocks achieved recognition as the second-largest tokenized stock issuer just two months after its launch. This milestone saw Binance bStocks narrowly surpass Kraken’s xStocks in the ranking of tokenized stock issuers.
- FBI Agent Accused of $1 Million Crypto Theft From ‘Adversarial Nation’
An FBI Supervisory Special Agent is accused of stealing $925,426.07 in seized cryptocurrencies from an 'adversarial nation' by transferring funds to personal wallets. The agent confessed to a Department of Justice employee and was fired from the FBI on July 31. Court documents describe the evidence against him as strong, with charges carrying up to 10 years of incarceration each.
- BitGo launches Link, connecting clients to Coinbase, Kraken, Crypto.com and more
BitGo has launched BitGo Link, a service that connects clients to cryptocurrency exchanges like Coinbase, Kraken, and Crypto.com. The platform offers a single interface for managing digital assets held both in BitGo custody and on centralized exchanges.
- Coldcard’s 5-year flaw reveals hardware wallet testing gap: Kraken’s security chief
A five-year-old flaw in Coldcard's hardware wallet went undetected because auditors confirmed the presence of a random number generator but failed to verify its implementation. Kraken's security chief highlighted this gap in hardware wallet testing.
- Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Kraken is opening Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations. Eligible US users can request IPO allocations, while customers in over 110 countries can access tokenized shares backed 1:1 by the underlying stock.
- Kraken parent Payward acquires Magic Labs’ embedded wallet business
Payward, the parent company of Kraken, has acquired Magic Labs' embedded wallet business. Magic Labs is rebranding as Newton Labs to focus on onchain finance infrastructure.
- Sealed in Foil: BMAG’s New Focus on Trading Cards
Bitcoin Magazine's BMAG is expanding into trading cards, linking the hobby's verification challenges with Bitcoin's blockchain solutions. The organization will debut a Trading Card Expo at Bitcoin Asia 2026 in Hong Kong, featuring marketplaces, grading, and auctions.
- Kraken parent Payward partners with GTN to scale xStocks internationally, beyond US equities
Kraken's parent company Payward has partnered with GTN to scale xStocks internationally, starting with Hong Kong's equities and expanding to the UK, Europe, and South Korea. The initiative involves tokenizing equities beyond the US market.
- Kraken parent expands tokenized stocks to Hong Kong, UK and South Korea equities
Kraken's parent company is expanding its tokenized stocks to include equities in Hong Kong, the UK, and South Korea. The move aims to broaden access to tokenized financial products in these markets.
- Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets
Coinbase aims to expand in Canada by offering an 'everything exchange' that includes crypto, tokenized stocks, and prediction markets. The company is working with Canadian regulators to launch the platform, which would provide 24/7 financial services underpinned by blockchain technology. Kraken is also expanding beyond crypto into similar markets.
- Kraken says simpler options can unlock crypto's next derivatives market
Kraken claims that simpler options could open the next phase of the crypto derivatives market. The company suggests streamlined derivatives products may drive broader adoption and liquidity in the sector.
- Why the 2026 IPO boom is about to broaden beyond AI mega-deals
The 2026 IPO market is expanding beyond AI and semiconductor mega-deals as mid-cap companies and overlooked sectors prepare for listings. SpaceX's $86 billion IPO set a record, while South Korean chipmaker SK Hynix and AI firms like Anthropic are among high-profile names targeting later-year listings.
- Kraken to overhaul app with AI investing assistant
Kraken is redesigning its app to incorporate an AI investing assistant that will recommend trades and customize tools based on users' financial goals. This update aligns with Kraken's expansion into broader financial services.
- Kraken to relaunch its mobile app with agentic trading and advice at the center
Kraken is relaunching its mobile app with autonomous AI agents that monitor markets, suggest trades, and execute transactions on behalf of users.
- US charges prisoner over alleged laundering of seized Kraken crypto
US prosecutors charged Rossen Iossifov with allegedly laundering $290,000 in forfeited cryptocurrency from a Kraken account. The funds were described as seized digital assets.
- Why Payward chose Hong Kong to be its Asian stablecoin gateway
Payward selected Hong Kong as its Asian stablecoin gateway due to its multi-currency advantages and regulatory clarity, aiming to help businesses reduce costs, mitigate risks, and expand into emerging markets. The decision leverages Hong Kong's historical role as an international business hub, as highlighted by Payward Co-CEO Arjun Sethi.
- Why Payward chose Hong Kong to be its Asian stablecoin gateway
Payward selected Hong Kong as its Asian stablecoin gateway due to the city's multi-currency advantages and regulatory clarity, enabling businesses to reduce costs, mitigate risks, and expand into emerging markets. Arjun Sethi, Co-CEO of Payward, highlighted Hong Kong's historical role as an international business hub as a key factor in this decision.
- Kraken Wins $22M From Auditor That Abandoned It During Operation Choke Point 2.0
Kraken, a crypto exchange, secured a $22M award after arbitrator ruled in its favor following accounting firm Mazars' abandonment of a nearly completed audit during Operation Choke Point 2.0.
- Kraken Seeks Final Judgment After $22 Million Award Against Former Auditor
Kraken's parent company Payward seeks a final judgment against former auditor Mazars USA after a $22 million arbitration award. The dispute began when Mazars withdrew from Kraken's 2022 audit, leading to significant financial costs. Kraken is pursuing a European banking license amid broader regulatory challenges, including those under Operation Chokepoint 2.0.
- Kraken wins $22M arbitration against former auditor Mazars
Kraken won a $22 million arbitration against former auditor Mazars, citing their withdrawal from the 2022 audit as causing millions in damages. The dispute is linked to Operation Chokepoint 2.0.
- Crypto exchange Kraken is trying to become a bank in Europe
Kraken, a cryptocurrency exchange, is attempting to establish itself as a bank in Europe. The move reflects the company's expansion into traditional financial services.
- Kraken lets traders use tokenized stocks as collateral for leveraged trades
Kraken allows eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their holdings. The feature expands options for leveraged trading using digital assets.
- Coinbase, Kraken and OKX move to swoop up EU users affected by MiCA restrictions
Coinbase, Kraken, and OKX are targeting EU users affected by MiCA restrictions by offering transfer bonuses and prizes. These exchanges, authorized under EU regulations, aim to attract users from unlicensed crypto platforms.
- Will Blackhawks regret trading for Bowen Byram instead of drafting Chase Reid?
The Chicago Blackhawks traded the No. 4 overall pick to the Sabres for Bowen Byram, prioritizing a defenseman over drafting Chase Reid. The 2026 NHL draft saw top three picks go to forwards, leaving defensemen like Reid to fall, with the Kraken selecting him at No. 7. The Hawks now hold multiple second-round picks but face questions about whether Byram will outperform Reid long-term.
- Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation
Kraken is considering acquiring a 15% stake in Aave at a $385 million valuation. Bitcoin's price has dropped to a new 2026 low amid ongoing market selloff. BlackBerry is making a strategic comeback in the tech industry.
- Nakamoto Inc. (NAKA) Closes Last Healthcare Clinic, Completes Full Pivot to Bitcoin
Nakamoto Inc. (NAKA) closed its last healthcare clinic on June 19, 2026, completing its transition to a Bitcoin-focused operating business. The company now operates three core verticals—media and information services, asset management, and consulting—aimed at generating recurring revenue independent of Bitcoin's price.
- Franklin Templeton Files for Two ETFs That Reinvest Stock Dividends Into Bitcoin
Franklin Templeton has filed with the SEC to launch two ETFs that reinvest corporate dividends into bitcoin, allocating 95% to U.S. large-cap equities and 5% to bitcoin. The funds, named Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF, aim to automate bitcoin accumulation through dividend-linked instruments.
- Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
Kraken reports that purchasing Bitcoin below its 200-week average has historically resulted in median returns exceeding 100%. The analysis highlights a potential investment strategy based on historical price data.
- Binance Reportedly Faces European Union Exit as MiCA License Bid Nears Rejection
Binance, the world's largest cryptocurrency exchange, faces potential rejection of its MiCA license application in Greece, which could force it to exit the European Union market by July 1. The exchange claims compliance with MiCA standards but has not received formal denial from Greek regulators, while rivals like Coinbase and Kraken have already secured licenses under the new framework.
- Kraken Launches CFTC-Regulated Bitcoin and Crypto Perpetual Futures for U.S. Traders
Kraken has launched CFTC-regulated Bitcoin and crypto perpetual futures for U.S. traders via Bitnomial, a CFTC-licensed exchange acquired by Kraken's parent company Payward. The contracts, which use an 8-hour funding rate mechanism, allow traders to manage perpetual futures alongside other products in a single account. The launch follows CFTC guidance enabling regulated platforms to offer such products.
- Kraken debuts U.S. perpetual futures as crypto derivatives move onshore
Kraken has launched U.S. perpetual futures, marking a shift as crypto derivatives operations move onshore. The move reflects growing institutional interest in regulated crypto markets.
- Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization
Nakamoto Inc. (NAKA) reduced $45 million in debt by selling 600 Bitcoin, refinanced loans with Kraken to extend maturities and lower interest rates, and authorized a $25 million share repurchase program. The company now holds approximately 4,467 Bitcoin and expects annual financing cost savings of $4 million.
- Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
Fortune's Crypto 100 ranks top blockchain companies across 10 categories, including pioneers like Coinbase and Kraken, as well as newer firms like Hyperliquid and Ondo. The list highlights companies in finance, crypto services, and stablecoins, with Bitcoin leading the blockchains & protocols category.
- Pyth unveils continuous pricing indexes for US stocks and commodities
Pyth has launched continuous pricing indexes for US stocks, gold, and oil, which are being adopted by Coinbase, Kraken, and dYdX. These indexes provide pricing data outside regular market hours.
- Traditional Finance is Rushing Into Crypto as Institutions Buy Bitcoin’s Dip: Axios
Traditional financial institutions are increasingly adopting crypto, with banks and exchanges offering crypto products as demand grows. Kraken's CEO predicts widespread crypto adoption in 2026, driven by stablecoins and tokenized equities, while institutions continue buying Bitcoin despite its price decline.
- Exclusive: Wall Street embraces crypto it once feared
Traditional financial firms are rapidly embracing cryptocurrency, driven by growing demand from retail and institutional investors. Kraken's co-CEO David Ripley predicts nearly all financial services companies will offer crypto assets like Bitcoin and Ethereum. Nasdaq's CFO Sarah Youngwood notes the market's readiness for large IPOs, including SpaceX's anticipated $1.7 trillion valuation listing.
- OKX expands X-Perps in Europe with Magnificent 7, gold and oil futures
OKX is expanding its X-Perps product in Europe by introducing tokenized stock and commodity futures, including the Magnificent 7, gold, and oil. This move increases competition with other major exchanges like Coinbase, Kraken, and Binance in the regulated derivatives market.
- Bybit follows Kraken in offering tokenized SpaceX IPO access via xStocks
Bybit has launched a product offering tokenized access to SpaceX's IPO via Payward's xStocks framework, following Kraken's similar initiative. Kraken acquired the xStocks platform through its 2025 purchase of Backed Finance.
- Kraken offers SpaceX IPO access through xStocks
Kraken offers access to SpaceX's upcoming IPO through its xStocks platform. Eligible users in over 110 markets can register for tokenized SpaceX equity ahead of the public listing.
- Kalshi Goes Live With America’s First Regulated Bitcoin Perpetual Futures
Kalshi launched America’s first regulated Bitcoin perpetual futures, approved by the CFTC on May 29, 2026. The product features no expiration date and marks Kalshi’s expansion from prediction markets to derivatives. Offshore perpetual futures volume reached $92.9 trillion in 2025, prompting U.S. regulatory action to retain capital.