Kraken

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 sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim
PowerTrade changed Kraken’s positive balance of more than $6 million to a $2 million deficit via a series of unauthorized “corrections” related to trades that had expired or settled months earlier, according to a legal filing.

SpaceX IPOs with $1.3B in Bitcoin, Citi tokenizes private shares, and Coinbase lets AI trade for you
On this episode of Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by GSR's Joshua Riezman on SpaceX's $1.29 billion Bitcoin bet and the outlook for the CLARITY Act; Citi's Artem Korenyuk on the bank's new platform for tokenizing private company shares; and Coinbase's Lincoln Murr on AI agent trading and the future of autonomous finance. Plus, Ponzi Trader's highest-conviction trade of the week on 10X, presented by Kraken Pro. - This episode of Public Keys is brought to you by Kraken Pro. For more: https://pro.kraken.com/ - Learn more at https://www.bullish.com/. - Register now for CoinDesk's Policy and Regulation event on September 24, 2026: https://policy-regulation.coindesk.com/.

Kraken debuts U.S. perpetual futures as crypto derivatives move onshore
Perpetual futures generated more than $60 trillion in volume last year, according to the crypto exchange, largely outside the U.S.

Kraken parent Payward plans to offer tokenized IPO access as investors await blockbuster debuts
Payward aims to give retail investors access to IPO shares at the offering price through tokenized equities.

$3 billion leaves Bitcoin ETFs. Why Wall Street isn't panicking
On this episode of CoinDesk’s Public Keys at the New York Stock Exchange, Jennifer Sanasie is joined by CoinDesk Indices President Dave LaValle to unpack a $2.97 billion outflow streak from Bitcoin ETFs and what it really means for institutional adoption. Bloomberg Intelligence Senior ETF Analyst Eric Balchunas joins the show to explain why the recent outflows may be more noise than signal, share his bullish outlook on the fast-rising HYPE ETFs, and discuss how firms like Morgan Stanley, Goldman Sachs, and BlackRock are expanding access to Bitcoin through new investment products. In this week’s 10X segment, LaValle breaks down the fundamentals of margin trading, explaining what separates professional traders from retail investors when it comes to managing leverage, risk, and conviction. Plus, Stellar Development Foundation CEO and Executive Director Denelle Dixon discusses DTCC’s decision to select Stellar as the first public blockchain connected to its upcoming tokenized securities settlement platform, and what it means for the future of tokenization and institutional blockchain adoption. - This episode of Public Keys is brought to you by Kraken Pro. For more: https://pro.kraken.com/.

Kraken unveils Bitcoin Vault, expanding yield push for BTC holders
The new earn product lets users generate BTC-denominated rewards through DeFi strategies while keeping exposure to bitcoin’s price.

Jane Street accused of dumping $192M UST before Terra crash
Newly unsealed court filings allege Jane Street used a private Telegram backchannel with Terraform Labs insiders to dump $192 million of UST before the stablecoin's 2022 collapse. The firm then allegedly made $134 million shorting Terra. Jane Street denies the claims. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Kraken parent Payward's Q1 revenue climbs despite crypto market slump
Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

