Kraken
FTX to repay creditors another $2.2B this month
FTX Recovery Trust will distribute about $2.2 billion to creditors on March 31 in its fourth payout under the exchange’s Chapter 11 plan. The latest payout lifts recovery rates so that many customer claim classes reach 100 percent, while Class 7 is set to receive a cumulative 120 percent. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Crypto exchange Kraken freezes multibillion-dollar IPO plan due to difficult market conditions
Kraken's parent company filed a draft S-1 registration statement with the SEC in November regarding the proposed initial public offering of its common stock.
Here is why Nasdaq and owner of NYSE are putting the $126 trillion equity market on blockchain
The race for the "everything exchange" makes Wall Street operators and crypto exchanges rivals and partners at the same time.
Pi rallies more than 30% after Kraken announces listing
Bybit previously declined to list the mobile crypto mining platform, with CEO Ben Zhou citing warnings from Chinese police that the project is a scam.
Kraken's tokenized stock venue starts points program, hinting at possible ecosystem token
The initiative will reward trading and DeFi use of tokenized stocks as the sector tops $1 billion and gains traction with major exchanges.
Nasdaq teams with Kraken to bring stocks on-chain
Nasdaq announced that it's teaming up with Kraken to distribute one-to-one tokenized versions of public company stocks to customers in Europe and other international markets. Holders would retain the same governance rights as traditional shareholders, including voting and dividends. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Nasdaq and Kraken are teaming up to let you trade tokenized stocks
Nasdaq plans to work with Kraken to distribute tokenized versions of public stocks globally as the exchange pushes to bring blockchain infrastructure into traditional markets.
Kraken's surprise Fed win may harken onslaught of crypto firms with narrow Fed access
The Kansas City Fed may term this "Tier 3" access, but Kraken's entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.
What does it mean for Kraken to have Fed master account access?
Kraken has become the first crypto-native company to secure direct access to the Federal Reserve’s payment systems. In today's Markets Outlook Jonathan Jachym, Kraken’s Global Head of Policy and Government Relations, joins CoinDesk's Jennifer Sanasie to discuss the years-long journey to this milestone and what it means for the future of U.S. dollar settlement and institutional crypto adoption. Plus, Kraken's response to President Trump’s recent calls for the Senate to pass the CLARITY Act and stop banks from "undercutting" American innovation.
Trump warns banks: stop holding crypto "hostage"
President Trump has attacked U.S. bankers on Truth Social, accusing them of trying to undermine the GENIUS Act and holding new crypto legislation hostage. With the Clarity Act stalled in Congress, Trump warns that crypto will flee to China if banks don't allow stablecoin yield. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
