We’re thrilled to announce that NODE is available for trading on Kraken! Funding and trading NODE trading is live as of July 31, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken Here’s some more information about this asset : NodeOps (NODE) NodeOps is a DePIN (Decentralized Physical Infrastructure Network) platform that simplifies the deployment, management, and coordination of nodes for Web3 projects and dApps. By offering tools and infrastructure that streamline node operations, it enables developers and operators to easily work across blockchain networks. Its native token, NODE, powers the network’s decentralized coordination layer—supporting pricing, incentivizing node operators and developers, and driving protocol governance. Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. The post NODE is available for trading! appeared first on Kraken Blog .

2025-07-31 13:26

Kraken is in build mode. We are creating a multi-asset platform that enables anyone to trade anything, anytime, anywhere. In Q2, our pace accelerated — new products launched, global access expanded and infrastructure scaled. We are pushing the envelope on geo expansion and establishing ourselves as the infrastructure provider that will power the next generation of financial services. From crypto to stocks to tokenized assets , we are redefining what’s possible and ensuring more people can access investment opportunities globally. Strong financial results fueled by consistent and disciplined delivery We delivered revenue of $412M in Q2 2025, a 18% year-over-year increase. Adjusted EBITDA came in at $80M. Our total exchange volume was $186.8B in Q2 2025, up 19% year-over-year. After a strong Q1, there was market turbulence related to U.S. tariffs and broader macro uncertainties. Q2 volumes decelerated quarter-over-quarter, as Q2 tends to be a seasonally lower quarter for trading activity across the industry. Our funded accounts were 4.4M in Q2 2025, increasing 37% year-over-year. Assets on platform were $43.2B at the end of Q2 2025, increasing 47% year-over-year. Kraken’s Q2 financial performance remained resilient, highlighted by three key trends: Expanding volume market share : We continued to grow our share of spot volume. This was driven by continued investments enhancing product experience, as well as our strong position in stablecoins, where our share of stable-fiat spot volumes grew from 43% to 68%. Growth investment: As the TradFi and crypto markets converge, we are strategically investing in innovation and expanding our product suite to accelerate growth. In Q2, we supported faster product delivery and platform enhancements, alongside targeted marketing efforts that demonstrated strong, efficient ROI. Expense discipline: To fortify our business across all market cycles, we remain intensely focused on strengthening operating leverage to build a sustainable business. Building on top of our pro-trader platform Pro traders are the heartbeat of our platform. Their participation in our ecosystem and the liquidity they provide power the rapid development of more products for Kraken’s consumer and institutional businesses, which in turn fuel the overall ecosystem. Our strategy was evidenced by several new products in Q2, including commission-free equities trading, tokenized assets and an all‑in‑one global money app. We also continued to enhance our pro-trader capabilities and offerings alongside the introduction of a full‑service prime brokerage and a white label solution for fully compliant crypto trading. Professional product updates Perpetual futures in Europe – We debuted Europe’s largest MiFID‑regulated crypto futures suite . We introduced 24/7 FX perpetual futures (EUR, GBP, AUD, JPY and CHF pairs) on Kraken Pro , widening derivative access under a trusted regulatory framework. U.S. futures – We launched a regulated U.S. derivatives offering for U.S. users , providing direct access to crypto futures listed on the CME through our integrated Kraken Pro trading experience . Institutional product updates Kraken Prime – We opened a full‑service prime brokerage that unifies best‑execution trading, qualified custody, deep multi‑venue liquidity and 24/7 white‑glove support for institutional clients. Kraken Custody – We added reward‑bearing USDG for institutional and HNWI clients and added custody support for SOL and XRP. Kraken Embed – We launched a white label Crypto‑as‑a‑Service solution that lets banks, brokers and fintechs add fully compliant crypto trading within weeks. The second largest neobank in Europe — bunq — and Alpaca were the first partners to integrate the offering, and there are additional integrations in the pipeline. Consumer product updates Commission‑free equities trading – We introduced U.S. equities trading in the Kraken app for most U.S. states, giving clients the convenience of managing stocks and crypto side‑by‑side. xStocks – We tokenized 55 blue‑chip equities and 5 ETFs on the blockchain, opening round‑the‑clock equity exposure for eligible clients outside the United States, with seamless on‑chain transferability. Krak app – We launched an all‑in‑one global money app that lets clients pay, transfer and earn across 300+ crypto and fiat assets in more than 160 countries. Dedicated Brazil offering – We added instant BRL funding via Pix, fully localised web and mobile apps, and 24/7 support in Brazilian Portuguese, bringing Kraken’s global platform closer to Brazilian users. Kraken+ – We launched a premium membership that offers zero‑fee trading allowances, priority support and boosted USDG rewards. It has seen strong uptake with more than 100k subscribers with more than $1 billion on the platform from both new and seasoned investors. Meaningful regulatory progress Regulatory clarity is gaining momentum in developed and emerging markets around the world. This accelerating trend is opening up new investment and growth opportunities for us. We continue to expand our licensing footprint in order to offer more innovative products and services to a wider audience of institutional and retail customers. We became the first exchange to receive authorization from the Central Bank of Ireland under MiCA, positioning the company for accelerated growth across 30 European markets. We also secured a Restricted Dealer licence in Canada , further expanding our regulatory footprint. In the U.S., the stablecoin-focused GENIUS Act was signed into law in July, marking a major milestone. At the same time, comprehensive market structure legislation passed the House and is advancing in the Senate with strong bipartisan support. Our deep experience with regulation and compliance and proactive approach to policy changes positions us well as new regulatory frameworks continue to develop in other markets across the Americas, EMEA and Asia Pacific. Transparency through Proof of Reserves Today, we are also announcing the completion of our latest Proof of Reserves for supported cryptocurrencies custodied securely by Kraken as of June 30, 2025. Reserve ratios as of June 30, 2025 Every quarter, Kraken clients can confirm their assets are fully backed onchain. They can verify that their account balance was included in the Proof of Reserves report, independently validated by Kraken’s third-party accountancy firm. Kraken pioneered the practice of regular Proof of Reserves – well before it became an industry expectation – and we remain one of the few platforms to perform this process. Outlook: H2 2025 and beyond Our team is relentlessly focused on taking Kraken to the next level. That’s what our clients demand and what we’re committed to delivering. In the second half of 2025, momentum is building across the global footprint: New licenses are being secured, local funding rails added, multi-asset experiences expanded and innovative products launched — all leveraging Kraken’s core infrastructure. Key initiatives on the horizon include: International equities — Extending commission‑free stock and ETF trading to major markets beyond the U.S., starting with the U.K., Europe and Australia. Tokenized equities — Bringing tokenized equities to more jurisdictions and steadily increasing the number of our listed assets. Kraken debit cards — Introducing physical and virtual debit cards, issued with Mastercard, to enable seamless in‑store and online spending of fiat and crypto through the Krak app. NinjaTrader growth — Accelerating the platform’s reach into the U.K., Europe and Australia and enabling frictionless multi‑asset trading across Kraken and NinjaTrader ecosystems. We are building the backbone of a new financial system; one product, one market and one breakthrough at a time. Revenue and Adjusted EBITDA are non-GAAP financial measures used by Management internally to understand, manage, and evaluate the business and make operating decisions. We believe these measures provide additional insight into our operational performance and help facilitate comparisons for the period indicated. EBITDA is earnings before interest, taxes, depreciation and amortization. Adjusted EBITDA excludes irregular, non-recurring, and/or discretionary expenses and is intended to provide a clearer view of the company’s core profitability. Assets on Platform are measured as of the last day of the fiscal quarter. Funded accounts represent total funded customers with a balance greater $0 as of the last day of the quarter. Total Exchange Volume includes Spot, Margin, Futures, Consumer, and Equities (beginning Q2 2025) exchange volumes for the period indicated. Presented metrics include NinjaTrader starting from May 1, 2025 onward. The information provided in this communication is for informational purposes only and does not constitute an offer, solicitation, or recommendation to buy or sell any token, security or financial instrument. It is not intended as, and shall not be relied upon as, investment, financial, legal, or tax advice. Past performance is not necessarily indicative of future results. The post Kraken Q2 2025 financial highlights appeared first on Kraken Blog .

2025-07-30 16:56

Kraken is doubling down – literally – on trader empowerment. By increasing margin trading leverage from 5x to 10x on select pairs, we’re giving experienced traders more flexibility, efficiency, and capital power than ever before. Margin leverage is increasing for five of our most popular crypto assets: BTC, ETH, SOL, XRP and DOGE: Pair base Pair name Available Leverage BTC BTC/USD BTC/EUR BTC/USDC BTC/USDT 10x ETH ETH/USD ETHEUR ETH/USDC ETH/USDT 10x SOL SOL/USD SOL/EUR SOL/USDC SOL/USDT 10x XRP XRP/USD XRP/EUR XRP/USDC XRP/USDT 10x DOGE DOGE/USD DOGE/EUR DOGE/USDC DOGE/USDT 10x Get Started with Kraken Why Kraken’s 10x leverage is a win for traders Greater capital efficiency Trade larger positions with less capital, freeing up funds for other opportunities. More dynamic strategies React quickly to market moves and execute short-term strategies more effectively. Enhanced risk/reward management Amplify potential gains (and losses) with tools to help manage risk intelligently. Same security. More power. Enjoy increased leverage with Kraken’s trusted security and infrastructure. Before you start, what you should know: In order to trade using margin , you will need to hold at least one collateral currency . The availability of margin trading services is subject to certain limitations and eligibility criteria . Margin trading incurs additional fees for opening, closing and holding a position. Learn more about the different rates and fees . Trade with caution There is no guarantee that a limit order will execute. There is no guarantee of margin pool availability at all times. There is also no guarantee of a market order executing at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders. Ready to trade but don’t have a Kraken account yet? Sign up today ! Get Started with Kraken Here’s some more information about the tokens: Bitcoin (BTC) is the world’s largest cryptocurrency project. The bitcoin (BTC) cryptocurrency was the first of its kind to be built on blockchain technology. Launched in 2009 by an anonymous developer under the pseudonym Satoshi Nakamoto, Bitcoin remains the most widely accepted and traded cryptocurrency today. Like the cryptocurrencies that followed it, Bitcoin was created to provide a decentralized electronic cash system that operates without the intervention of a centralized authority. A global team of developers constantly works on improving Bitcoin and its underlying technology. Ethereum (ETH) is a global, open-source platform for decentralized applications. Ethereum is a marketplace of financial services, games and apps that is trustless, decentralized and secure. ETH is the cryptocurrency powering the Ethereum network. It’s used to pay for transactions, as a store of value or peer-to-peer payment method, or as collateral to generate entirely different crypto tokens that run on Ethereum. Solana (SOL) is a blockchain platform that aims to improve user scalability. Solana is a blockchain platform that aims to increase user scalability through faster transaction settlement times and flexible infrastructure. The SOL cryptocurrency plays a key role in maintaining and operating the Solana ecosystem and is used to execute smart contracts, send transactions, and incentivize stakeholders who support the network. XRP (XRP) is a digital asset built for payments. It is native to the XRP Ledger. Created in 2012 specifically for payments, XRP can settle transactions on the ledger in 3-5 seconds. Ripple is a company that exists independent of XRP. Ripple leverages XRP in its products and is one of many players building on the XRP Ledger. Dogecoin (DOGE) is a decentralized, peer-to-peer cryptocurrency that uses the “Doge” meme as its mascot. Dogecoin (DOGE) is a peer-to-peer cryptocurrency that is widely used for tipping content creators on various social media platforms. Dogecoin features the likeness of the Shiba Inu dog popularized in the “Doge” meme, and was first introduced as a marketing experiment in 2013. DOGE quickly gained a massive audience, however, and now boasts one of the largest market caps in the industry. Much wow. Doge is pleased. Availability of margin trading services is subject to certain limitations and eligibility criteria . Trading using margin involves an element of risk and may not be suitable for everyone. Read Kraken’s Margin Disclosure Statement to learn more. The post Increased margin leverage on Kraken Pro: Up to 10x (BTC, ETH, SOL, XRP, DOGE) appeared first on Kraken Blog .

2025-07-30 15:37

At Kraken, transparency isn’t a slogan – it’s a standard. Our latest Proof of Reserves (PoR) audit , finalized as of June 30, 2025 , once again verifies that client assets held on our platform are backed 1:1 and beyond. The process covers major cryptoassets, including BTC, ETH, SOL, USDC, USDT, XRP and ADA . We don’t expect blind trust. We don’t need it. We offer cryptographic evidence. New to PoR? Learn how it works in our beginner’s guide . What our June 2025 report shows Our PoR audit captures a complete snapshot of client assets across all services – not just spot balances. It includes margin accounts, futures holdings and staked assets , offering a full-spectrum look at customer exposure. Reserve ratios as of June 30, 2025 A quick refresher – what is Proof of Reserves? Proof of Reserves is a cryptographic process that allows clients to verify, independently and privately, that their assets are included in a third-party-audited snapshot of the platform’s liabilities. We use a Merkle tree to combine individual balances into a single cryptographic hash. Clients receive a personalized Merkle proof , which they can use to confirm inclusion without revealing personal details. An independent auditor then confirms that Kraken’s onchain holdings exceed total client balances – effectively verifying full reserves without assumptions. Why Kraken’s PoR goes further While more exchanges are now offering “PoRs” in some form, not all of them offer the same level of rigor or transparency. Here’s what sets ours apart: 1. We account for liabilities, not just assets Some platforms show what they hold – but skip what they owe. We include total client liabilities in every audit. Anything less isn’t a full proof of reserves. 2. User-level verification Every client can verify their own inclusion using our open-source Merkle verification tool. This isn’t just about trust – it’s about verification. 3. A decade of consistency We first pioneered PoR in 2014 – and we haven’t stopped. Kraken conducts PoR regularly and methodically , not just during news cycles. PoR is vital. It’s not about promises. It’s about proof – visible, cryptographic, third-party-verified proof. Kraken’s process is built to withstand scrutiny and empower users with information. What’s next – expanding scope We’re committed to publishing PoRs quarterly , alongside our financial disclosures, to ensure users have a regular window into platform solvency. We’re also actively working to expand the coverage of our PoRs to include more supported assets , giving a broader view of the reserves across our ecosystem. Since the beginning, Kraken has stood for accountability, independence and crypto-first values . We believe transparency should be an industry norm, not an afterthought. That’s why we’ll keep raising the bar. Ready to verify your account? Visit our Proof of Reserves portal . Sign in and self-verify balances The post Kraken releases latest Proof of Reserves, continuing our commitment to trust through transparency appeared first on Kraken Blog .

2025-07-30 15:30