kraken

Business

Kraken Eyes Public Listing Despite Market Headwinds, Co-CEO Confirms

Cryptocurrency exchange Kraken remains committed to a future U.S. IPO, its leadership confirms, even as a sharp valuation drop and volatile markets have forced a pause in immediate listing plans. The firm continues to secure heavyweight institutional investment, signaling enduring confidence in its long-term prospects.

Business

Federal Reserve Grants First Direct Payment System Access to Crypto Firm in Watershed Move

In a landmark decision, the Federal Reserve Bank of Kansas City has approved a limited 'master account' for Kraken Financial, marking the first time a cryptocurrency company gains direct access to the core Fedwire payment network. This move, long sought by the digital asset industry, promises faster transactions and reduced costs while intensifying debates over the integration of crypto into the traditional financial infrastructure.