Kraken takes aim at banks with new Krak Card
As part of a phased global rollout, Kraken will first offer its innovative Krak debit cards to users across the UK and EU
Kraken News
Kraken Ramp launches allowing any platform to integrate Crypto buy/sell flows
With just one developer-friendly API, Kraken Ramp allows any platform to integrate buy/sell flows directly into their product.
Kraken files for an IPO
The Kraken IPO is expected to occur after the SEC completes its review process, subject to market and other conditions.
Kraken raises $800M at $20B valuation to expand beyond crypto
Kraken plans to enter new markets across Latin America, Asia Pacific and EMEA, while broadening its offerings beyond crypto.
Kraken’s xStocks surpasses $10 billion in total transaction volume
Each xStock is fully backed 1:1 by its underlying equity or ETF, held by a licensed custodian in a bankruptcy-remote structure.
Kraken Q3 2025 Revenues soar 50% to record $648 million
Total transaction volume at Kraken climbed 23% to $561.9 billion in Q3 2025, while assets on platform grew 34% to $59.3 billion.
Kraken buys crypto prop trading firm Breakout
Over time, Breakout will be integrated directly into the Kraken Pro platform, offering seamless access to eligible users.
Kraken buys auto trading platform provider Capitalise.ai
Capitalise.ai developed a natural-language platform that transforms everyday text into executable trading strategies.
Kraken goes live across all 30 EEA countries under MiCA
All EEA clients are now directly served by Kraken’s MiCA-regulated entity, authorized by the Central Bank of Ireland.
Kraken “in build mode” sees 13% decrease in Q2 Revenue to $412 million
Adjusted EBITDA at Kraken came in at $80 million in Q2-2025, down 57% from $187 million in Q1.
