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Crypto and Fintech Leaders Launch Global Dollar Network and USDG Stablecoin

On Nov. 5, crypto, venture capital, and fintech firms Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood announced the launch of the “Global Dollar Network.” The partners are…

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Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets

Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances…

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Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based Derivatives

Kraken has announced the launch of a licensed broker offering specifically designed for Australian wholesale clients, providing access to a range of crypto-based derivatives products. This new service allows eligible…

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Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi

Kraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into…

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Kraken Launches kBTC: A Wrapped Bitcoin Token Interoperable With Ethereum and OP Mainnet

Kraken announced the launch of its own wrapped Bitcoin token custodied by the crypto exchange. Dubbed ‘Kraken Bitcoin (kBTC),’ the new product is a fully backed, cross-network-compatible ERC-20 representation of…

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Kraken Survey Reveals 59% of Crypto Investors Favor Dollar-Cost Averaging

A recent survey by Kraken reveals that a significant 83.53% of crypto investors have used dollar-cost averaging (DCA), with 59% employing it as their primary investment strategy. The survey, which…

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