Key Takeaways: Kraken has achieved a significant breakthrough in its global strategy by obtaining a license under the European Union’s Markets in Crypto-Assets (MiCA) regulation. This approval, granted by the Central Bank of Ireland (CBI), positions the exchange as one of the first major crypto platforms to align with the EU’s new regulatory framework. Arjun […]
Kraken
Kraken Launches Native Bitcoin Staking via Babylon to Boost BTCFi Utility
Kraken now offers native Bitcoin staking through Babylon, letting users earn BABY tokens while keeping BTC fully on-chain with no bridging or lending required.
Coinbase Seeks SEC Approval to Launch Tokenized Stock Trading
Coinbase has made a major step in its product portfolio diversification by seeking SEC approval to offer tokenized stock trading. This initiative would enable customers to buy and sell digital tokenized equities directly through blockchain. The step will see Coinbase compete with traditional brokerage companies and expand its portfolio beyond cryptocurrencies. Blockchain-based Tokenized Equities The […]
Kraken’s Ink Foundation to Launch INK Token With Fixed Supply for Layer 2 DeFi Growth
Kraken’s Ink Foundation will launch the INK token with a fixed 1 billion supply and distribute it to early users of its Aave-powered Layer 2 DeFi protocol.
Tokenized Stocks Surge 297%: Is This the Next Big Investment Trend?
In 2024, the growth of tokenized stocks increased by an astonishing 297.2%, marking a significant shift in the digital financial landscape. This explosion makes the tokenized stocks one of the fastest-growing areas in the crypto world. In the aftermath of all the hype surrounding trending sectors like memecoins and Layer 2 solutions, tokenization of real-world […]
Pump.fun Sends 132K SOL to Kraken in Recent Selloff
Pump.fun has once again offloaded a significant tranche of SOL, this time transferring 132,180 SOL, valued at approximately $20.87 million to centralized exchange Kraken. The move follows its late-May sale of 156,000 SOL and reinforces a clear pattern: the platform is cashing out nearly every two weeks while retaining its position as Solana’s top fee-generating […]
Kraken Launches 24/7 Tokenized U.S. Stock Trading with Solana-Based xStocks
Kraken launches xStocks on Solana, enabling 24/7 global trading of tokenized U.S. stocks and ETFs like Tesla, Nvidia, and SPY, backed 1:1 by real shares.
Crypto.com Strengthens European Footprint with MiFID Derivatives License
Crypto.com has secured a MiFID license to offer crypto financial derivatives in the European Economic Area (EEA). This approval follows its earlier MiCA license, which allowed the company to expand its services across the region. The new license helps the firm expand in Europe and offer its customers more features on the platform. Cyprus-based A.N. […]
Kraken Expands Regulated Crypto Derivatives Across Europe
Kraken, a top cryptocurrency exchange, has expanded its derivatives trading services across Europe. The company now offers regulated futures contracts to retail and institutional customers in the European Economic Area (EEA). This development comes after the exchange acquired a Cypriot investment firm earlier this year, which allowed the exchange to secure a license under the […]
Coinbase Acquires Deribit for $2.9B, Dominates U.S. Options Market
Coinbase has decided to purchase the crypto derivatives platform, Deribit for $2.9 billion. The acquisition strengthens the position of Coinbase in the U.S. crypto derivatives market. The deal involves $700 million in cash and 11 million shares of Coinbase Class A common stock. Coinbase faced off rival exchange, Kraken, in a long bidding war to […]