Kraken is moving to launch regulated Bitcoin perpetual futures for eligible U.S. clients within 30 days, joining a fast-moving race to bring offshore-style crypto derivatives under American oversight. Kraken Bitcoin perpetual futures are planned for eligible U.S. institutional clients. The contracts are expected to trade through Kraken Pro and list on Bitnomial Exchange. Payward, Kraken’s […]
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Kraken’s parent company, Payward, posted a quarter that says a lot about where crypto exchange revenue is headed: less dependence on spot trading, more weight on derivatives, institutional flow, and a broader financial stack. Even with Bitcoin down 22% and industry spot volume falling 38%, the company still managed to grow. $507 million in adjusted […]
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Kraken’s parent company, Payward, posted a surprisingly solid Q1 2026, growing adjusted revenue 3% year-on-year to $507 million even as the crypto market got dragged through a hedge fund’s worst nightmare. Q1 2026 adjusted revenue: $507 million, up 3% year-on-year Derivatives trading: daily average revenue trades jumped 51% Spot market share: rose to 5.2% from […]
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Kraken drops LayerZero for Chainlink CCIP in a wrapped Bitcoin security shift Kraken is phasing out LayerZero and moving its wrapped asset infrastructure to Chainlink CCIP, a move that puts security, compliance, and risk controls ahead of convenience. The exchange says the switch will cover Kraken Wrapped Bitcoin (kBTC) and future wrapped assets, signaling that […]
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Kraken is swapping LayerZero for Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, to secure kBTC and other wrapped assets. It’s a small-sounding infrastructure change with a big message: when Bitcoin moves beyond its native chain, the rails matter as much as the asset itself. Kraken is moving kBTC and other wrapped assets to Chainlink CCIP from […]
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Kraken is moving its wrapped Bitcoin product to Chainlink CCIP, a pretty clear sign that crypto’s cross-chain plumbing is finally getting treated like the security-sensitive mess it always was. Kraken is migrating kBTC and future wrapped assets to Chainlink CCIP. The exchange is ending its legacy cross-chain provider relationship. Security, risk controls, and broader DeFi […]
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Kraken’s parent company Payward has teamed up with Franklin Templeton to push tokenized assets deeper into institutional finance, with retail access possibly following later if regulators stop acting like progress is a controlled substance. Payward + Franklin Templeton: A major TradFi and crypto partnership xStocks traction: Reportedly over $30 billion in trading volume since launching […]
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Kraken’s parent company is pushing for a federal trust charter in the U.S., a move that could give it a stronger hand in regulated crypto custody while rattling the old banking club. Payward filed for an OCC National Trust Company charter The goal is a federally regulated custody business for digital assets The proposed entity […]
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Kraken is seeking an OCC national trust company charter to expand its regulated crypto custody business in the U.S., a move that could give institutions bank-like storage for digital assets under direct federal supervision. Payward filed for an OCC national trust company charter The proposed entity would be Payward National Trust Company (PNTC) The focus […]
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Kraken is paying $600 million for a Hong Kong stablecoin firm, and the real target is clear: the payment rails, not just the trading screen. Payward Inc., Kraken’s parent company, is acquiring Reap Technologies for $600 million. The deal uses a cash-and-stock structure tied to Kraken’s $20 billion valuation. Reap specializes in stablecoin-based business payments, […]
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