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Kraken

Kraken is one of the largest and oldest crypto exchanges in the world, founded in 2011. It is dedicated to making cryptocurrency accessible and available to the world and enabling people from all walks of life to invest in their independence. In September 2020, the state of Wyoming granted Kraken a license to create a crypto bank in the state, making it the first US crypto exchange to do so.
What is Kraken?
Kraken is a United States-based cryptocurrency exchange that offers trading in a wide range of digital assets. Established in 2011, it provides services to over 13 million users across more than 190 countries, processing over $207 billion in quarterly transactions. The platform is known for its strong emphasis on security, regulatory compliance, and reliability.
How Does Kraken Work?
Kraken operates as a marketplace where buyers and sellers can trade cryptocurrencies. Users place orders specifying the type of crypto, the amount, and the price they are willing to pay or sell for. The platform matches buy and sell orders based on price, facilitating transactions through its secure system. Additionally, Kraken offers features like margin trading, futures trading, and staking services.
What Makes Kraken Unique?
Kraken stands out due to its commitment to security, having never experienced a major security breach. It offers a wide range of cryptocurrencies and trading pairs, supports multiple fiat currencies, and provides advanced trading features such as margin and futures trading. The platform also emphasizes regulatory compliance, holding licenses in various jurisdictions, including the United States, Europe, Canada, Australia, and Japan.
Who Are the Founders of Kraken?
Kraken was co-founded in 2011 by Jesse Powell, an alumnus of California State University, Sacramento. Powell was a consultant for Mt. Gox in resolving a security issue and began working on Kraken as a replacement, anticipating its collapse. He served as CEO until September 2022, when he transitioned to chairman of Kraken's board of directors.

Latest News

What Key Events Have There Been for Kraken?
In March 2025, Kraken announced the acquisition of NinjaTrader, a retail futures trading platform, for $1.5 billion, marking its expansion into multiple asset classes. In June 2025, Kraken launched 'Krak,' a peer-to-peer payments app allowing users to send and receive both cryptocurrencies and fiat across over 100 countries. Additionally, in March 2025, the U.S. Securities and Exchange Commission agreed to dismiss its civil lawsuit against Kraken, which had accused the exchange of operating as an unregistered securities exchange.
Project Announcements
In June 2025, Kraken obtained the MiCA license from the Central Bank of Ireland, allowing it to operate in all European Economic Area countries under the new European crypto regulation. This move reinforces Kraken's commitment to regulatory compliance and its expansion in the European market.

Upcoming Events

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Projects Announcements

Where to Buy Kraken?
Kraken's native token, if available, can be traded directly on the Kraken platform. Users can create an account on Kraken's official website and access various trading pairs involving the token.
Kraken Price
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Kraken Price Prediction
As of now, there are no available forecasts from reliable experts or publications regarding the price prediction of Kraken's native token.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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