Kraken


Finance

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures

Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

(Pixabay)

Web3

Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections

Now out of its public beta test, the platform has expanded to include over 250 NFT collections.

(PiggyBank/Unsplash)

Videos

Kraken’s Canada Customer Deposits Rose After Binance, OKX Plan to Leave

Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

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Finance

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.

Toronto, Canada (Shutterstock)

Policy

Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind

The exchange’s chief legal officer, Marco Santori, said the regulators must leave the big questions for Congress, and lawmakers are showing they’re moving forward on crypto.

Marco Santori

Markets

Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue

Crypto exchange Kraken agreed to shut down its U.S. crypto staking service in February as part of a settlement with the Securities and Exchange Commission.

Shanghai's Nanjing Road (Benjamin Pattin/Unsplash)

Finance

Coinbase Hires Ex-Shopify Exec to Oversee Canada Operations

The company confirmed plans to expand in Canada as that country tightens rules for cryptocurrency exchanges.

Lucas Matheson, country director, Canada, at Coinbase (LinkedIn)

Videos

Crypto Exchanges Deciding Whether to Remain in Canada Amid Tightening Regulation

The Canadian Securities Administrators (CSA) has tightened its requirements for cryptocurrency exchanges operating in the country. "The Hash" panel discusses major exchanges including Kraken, Coinbase and Binance's responses to tougher rules from the regulators.

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Policy

Crypto Exchange Kraken Commits to Tougher Rules Required by Canada

Kraken has filed pre-registration paperwork with the Ontario Securities Commission as it works towards becoming a registered Restricted Dealer in Canada.

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Finance

Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown

The F1 team recently lost its most prominent driver, Nicholas Latifi, who brought in multiple sponsorship deals.

(PiggyBank/Unsplash)