Kraken faces a pivotal stretch as it readies a public listing targeted for 2026 while folding new products and a large acquisition into a business built for professional traders. The exchange, founded in 2011, reported more than $411 million in…
Is Kraken launching tokenized stocks in Europe with xStocks?
Kraken expanded its tokenized securities push in Europe with the launch of Backed’s xStocks for eligible investors. The rollout adds 24/5 access to certificates that track popular United States equities, plus self-custody and easy movement across compatible platforms. It follows…
Kraken Reports 13% Drop in Q2 Revenue to 412 Million Overall
The second quarter of 2025 saw Kraken navigate a challenging backdrop of macro uncertainty and shifting market dynamics while delivering solid progress across its core metrics. Revenues slipped 13% from $478 million in Q1 to $412 million, reflecting seasonal headwinds and US…
Kraken Exchange Required to Defend Against SEC Claims on Exchange Status
Kraken has recently found itself at the center of a legal battle with the U.S. Securities and Exchange Commission (SEC). The core of the dispute revolves around whether the platform is operating as an unregistered securities exchange. A federal judge…
Kraken Expands Custody Services to UK and Australia
Kraken, a prominent cryptocurrency exchange, has made significant strides in expanding its custody services to cater to institutional clients in the UK and Australia. This strategic move builds on the successful launch of Kraken Custody in the U.S. earlier this…
Crypto Exchange Kraken Seeks Over $100 Million for Pre IPO Funding Round
Kraken, one of the oldest and most reputable cryptocurrency exchanges, is contemplating raising a final funding round ahead of a potential initial public offering (IPO). This decision comes amid inquiries from potential investors during the current digital-asset market surge. Founded…
Kraken Challenges SEC in Legal Dispute Over Cryptocurrency Regulations
The ongoing legal battle between Kraken, a prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC) has intensified with a recent filing by Kraken. In their reply to the SEC’s letter, Kraken challenges the agency’s case, claiming that…
Kraken Challenges SEC Lawsuit, Joining Industry Peers in Defense Against Regulatory Allegations
Kraken, one of the cryptocurrency exchanges, has recently filed a motion to dismiss the lawsuit brought against it by the Securities and Exchange Commission (SEC) in a US court. This legal action by Kraken aligns it with other industry peers,…
Kraken challenges SEC’s allegations, defends crypto industry’s right to thrive – Advancing Crypto Innovation in the United States
In the face of the Securities and Exchange Commission’s (SEC) allegations, Kraken challenges the claims and advocates for the right of the crypto industry to exist and flourish in the United States. The complaint against Kraken lacks substantial evidence of…
SEC Accuses Kraken of Co-Mingling $38 Billion in Customer Funds
In the rapidly evolving world of cryptocurrencies, the issue of secure asset management has become a crucial focal point for investors and regulatory bodies alike. Recent developments have shed light on the practices of some prominent cryptocurrency exchanges, raising concerns…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
