Kraken is swapping LayerZero for Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, to secure kBTC and other wrapped assets. It’s a small-sounding infrastructure change with a big message: when Bitcoin moves beyond its native chain, the rails matter as much as the asset itself. Kraken is moving kBTC and other wrapped assets to Chainlink CCIP from […]
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Kraken is moving its wrapped Bitcoin product to Chainlink CCIP, a pretty clear sign that crypto’s cross-chain plumbing is finally getting treated like the security-sensitive mess it always was. Kraken is migrating kBTC and future wrapped assets to Chainlink CCIP. The exchange is ending its legacy cross-chain provider relationship. Security, risk controls, and broader DeFi […]
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Kraken’s parent company Payward has teamed up with Franklin Templeton to push tokenized assets deeper into institutional finance, with retail access possibly following later if regulators stop acting like progress is a controlled substance. Payward + Franklin Templeton: A major TradFi and crypto partnership xStocks traction: Reportedly over $30 billion in trading volume since launching […]
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Kraken’s parent company is pushing for a federal trust charter in the U.S., a move that could give it a stronger hand in regulated crypto custody while rattling the old banking club. Payward filed for an OCC National Trust Company charter The goal is a federally regulated custody business for digital assets The proposed entity […]
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Kraken is seeking an OCC national trust company charter to expand its regulated crypto custody business in the U.S., a move that could give institutions bank-like storage for digital assets under direct federal supervision. Payward filed for an OCC national trust company charter The proposed entity would be Payward National Trust Company (PNTC) The focus […]
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Kraken is paying $600 million for a Hong Kong stablecoin firm, and the real target is clear: the payment rails, not just the trading screen. Payward Inc., Kraken’s parent company, is acquiring Reap Technologies for $600 million. The deal uses a cash-and-stock structure tied to Kraken’s $20 billion valuation. Reap specializes in stablecoin-based business payments, […]
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Washington’s long-stalled crypto market structure bill is finally inching forward, but it’s doing so in classic D.C. fashion: with compromise, suspicion, and a side order of political mud wrestling. At the same time, Kraken is rolling out regulated leverage for U.S. retail traders, World Liberty Fi is reshaping WLFI token unlocks, and fresh geopolitical tension […]
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Kraken is signaling it wants to go public while widening its payments reach through MoneyGram, even as U.S. banks dig in against crypto-friendly legislation in the CLARITY Act fight. That’s not just corporate theater. It’s a clean snapshot of where the power struggle is heading: exchanges want legitimacy, banks want to protect their turf, and […]
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Kraken is joining forces with MoneyGram to make crypto cashouts far more practical, giving users a global route from digital assets into local fiat across nearly 500,000 locations in more than 100 countries. Nearly 500,000 MoneyGram cashout locations Available in 100+ countries Built for users in volatile markets Strengthens Kraken’s global off-ramp network This is […]
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Payward, the company behind Kraken, has filed a lawsuit accusing former custodian Etana Custody and its CEO Brandon Rusell of misusing more than $25 million in client funds, falsifying balances, and running what it calls a “Ponzi-like” scheme. At the same time, Kraken is pushing deeper into regulated U.S. derivatives after completing its Bitnomial acquisition. […]
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