Kraken

Kraken

Markets

Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid

Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.

Payward and Kraken co-CEO Arjun Sethi.

Finance

Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation

The investment expands a strategic partnership to bring tokenized, voting-enabled equities to crypto exchange users.

Nasdaq sign. (CoinDesk Archives)

Finance

SoFi, Kraken tie up as crypto and banking push into each other's turf

Kraken is joining SoFi's settlement network and list SoFiUSD as the companies link traditional banking with crypto markets.

SoFi (Shutterstock)

Finance

Kraken parent Payward delays IPO to second quarter of 2027 at earliest

The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market conditions.

Payward and Kraken co-CEO Arjun Sethi.

Finance

Kraken users briefly locked out after a flood of sanctioned crypto transactions

The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24.

Kraken on phone (PiggyBank/ Unsplash)

Tech

Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push

Payward will use Anthropic’s cybersecurity model to hunt vulnerabilities and share open-source findings.

Payward and Kraken co-CEO Arjun Sethi.

Finance

Kraken parent expands tokenized stocks to Hong Kong, UK and South Korea equities

Payward's xStocks pushes beyond U.S. equities as competition to bring global stock markets onchain accelerates.

Payward and Kraken co-CEO Arjun Sethi.

Finance

Kraken says simpler options can unlock crypto's next derivatives market

The Wyoming-based firm launched USD-settled bitcoin and ether options, saying product design, not demand, has held back adoption.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Finance

Crypto exchange Kraken is trying to become a bank in Europe

Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans.

Payward and Kraken co-CEO Arjun Sethi.

Finance

Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation

The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)