Work Here?
Overview
Kraken is a cryptocurrency exchange that lets people buy, sell, and trade digital assets. It runs a global market where users can place orders to trade various crypto pairs, and the platform matches buyers and sellers to complete transactions. Transactions are processed with high liquidity for fast execution, and users can use advanced charting tools and indicators to analyze prices. Fees are competitive and can be very low, which helps traders keep more of their returns. Kraken emphasizes security with multiple protections to safeguard funds, and it offers around-the-clock support for users worldwide. The company serves individuals as well as institutional traders, and it continually adds new trading pairs to expand its offerings. Its goal is to provide a reliable, low-cost, high-liquidity market where people can access a wide range of digital assets securely and with helpful support.
About Kraken
Industries
Fintech
Crypto & Web3
Financial Services
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$1.4B
Headquarters
Cheyenne, Wyoming
Founded
2011
Get referred to Kraken
See people who can refer or advise you
Simplify's Take
What believers are saying
- September 14, 2026 xStocks vaults launched with SPYx, QQQx, and NVDAx yield products.
- Nasdaq’s $100 million investment signals 2027 tokenized-stock rollout and institutional validation.
- Fed master account access and Bitnomial integration expand Kraken’s banking and derivatives runway.
What critics are saying
- Tokenized stock launches face SEC and CFTC scrutiny; one enforcement action freezes U.S. growth.
- X partnership depends on Elon Musk’s platform traffic; a product shift breaks distribution overnight.
- Competition from Coinbase, Crypto.com, and Hyperliquid compresses fees and steals derivatives liquidity.
What makes Kraken unique
- September 2026 Nasdaq backed Kraken with $100 million for tokenized equities infrastructure.
- September 16, 2026 X Cashtags routed users directly into Kraken’s nearly 2,500 assets.
- April 2026 Bitnomial acquisition gave Kraken perpetual futures capability for U.S. derivatives.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$1.4B
Above
Industry Average
Funded Over
7 Rounds
Benefits
Competitive salary and equity plan
401k contribution plan
Vacation & Generous PTO
Paid Tranings
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 2%2 year growth
↑ 2%Hyperliquid moves toward US launch with Kraken as active addresses hit a record. By Nora Bennett Hyperliquid is preparing to open its markets to US users through a tie-up with Kraken, pending regulatory approval - a step that would push one of the fastest-growing decentralized derivatives venues into the most heavily policed corner of the crypto trade. The plan lands as the protocol's monthly active addresses reached an all-time high of roughly 291,900, and as HYPE trades near $97.44, up 3.33% on the day. The US move matters because it changes who Hyperliquid answers to. For most of its life the exchange has run as an on-chain perpetuals venue outside the reach of American oversight. A Kraken partnership brings a licensed US counterpart into the picture and, with it, the compliance obligations that shape how any regulated futures product operates. The rollout is contingent on sign-off from regulators, so the timing is not set. 291,900 addresses and a 53% quarter. The record in active addresses is the clearest read on Hyperliquid's momentum. The count reflects wallets transacting on the network over a month, and the new high points to trading demand rather than idle holders. That growth has fed through to the token. HYPE is up 17.81% over the past 30 days and 53.65% over 90, and it has roughly doubled across the year, with a 100.31% gain over the trailing twelve months. WalletInvestor's model rates HYPE an A+ and projects an 18.1% gain over three months and about 86.4% on a one-year view, a constructive read that lines up with the recent trajectory rather than against it. You can see the full Hyperliquid forecast for the shorter windows, which point to smaller moves of roughly 1.3% over a week and 2.7% over two. Kinetiq's Elysium testnet and a throughput problem. While the exchange pushes outward, part of the ecosystem around it is building sideways. Kinetiq, a liquid staking protocol, opened a testnet for Elysium, an Arbitrum Orbit network aimed at Hyperliquid-focused DeFi applications. The launch came with the practical pieces developers need to start: a chain ID, an RPC endpoint, and a block explorer. The reasoning behind Elysium is pointed. A month before the testnet went live, Kinetiq argued that HyperEVM's throughput leaves little room for sustained high-frequency activity. Elysium is the response - a separate execution layer meant to give trading-heavy applications more capacity than the base environment can offer. That framing is Kinetiq's own assessment of where HyperEVM strains, not a neutral fact about the network's limits, but it explains why the team chose to build an Orbit chain rather than deploy directly. For a protocol whose appeal rests on speed, throughput is not a side issue. Perpetuals trading depends on fast order handling, and any bottleneck at the execution layer caps what builders can put on top. Elysium is an attempt to route around that ceiling while keeping the applications tied to the Hyperliquid orbit. The pitch: an on-chain venue for more than crypto. The longer thesis for Hyperliquid reaches past perpetual swaps. The project is trying to build an on-chain financial marketplace where users trade cryptocurrencies alongside traditional assets - an exchange that lives on a public network but aims to host the kinds of instruments usually confined to conventional venues. That ambition is what makes the US question consequential. Bringing traditional-asset trading on-chain in the American market is precisely the activity regulators watch most closely, and the Kraken route is the mechanism for doing it inside the rules rather than around them. The same growth that draws users can draw scrutiny. A venue clearing record activity and courting US access sits squarely in the field of view of agencies that police derivatives and securities. Rising address counts are a competitive marker; they are also the sort of number that gets noticed by supervisors deciding how to treat a large on-chain exchange. Where the facts stop. Several parts of this remain open. The US launch depends on regulatory approval that has not arrived, and no confirmed date has been attached to it. Elysium is at the testnet stage, which means it is a proving ground, not a live network carrying real value. And the relationship between the base HyperEVM environment and a separate Orbit chain - whether builders concentrate on one or split across both - is exactly the kind of thing a testnet exists to work out. What is settled is the direction of the activity. Monthly active addresses are at a record, the token has doubled over the year, and the protocol is pursuing both a regulated US foothold and a technical fix for its throughput constraints at the same time. WalletInvestor's model reads the trend as intact, holding its A+ rating and a positive one-year projection through the recent run. The near-term hinges on two things outside the code: whether US regulators clear the Kraken arrangement, and whether the ecosystem's builders adopt Elysium or stay on the base layer. Both are unresolved, and both will do more to shape Hyperliquid's next quarter than the price on any single day. For now, HYPE changes hands at $97.44, a fresh record in active users behind it and a US market entry waiting on approvals that have not yet come. Nora Bennett Senior markets editor, WalletInvestor Nora leads WalletInvestor's markets desk, covering macro data, central banks and the forces moving global equities and rates.
X launches U.S. Cashtag Partner Program to bridge social timelines and trading platforms. Editorial Standards Fact-Checked ⊘ Independence Commercial Disclosure GC AI Summary X has launched its U.S. Cashtag Partner Program, integrating Coinbase, Kraken, Gemini, Interactive Brokers, and Moomoo into its platform so users can view live asset pricing and move directly to a partner broker or exchange to execute trades. The feature builds on Smart Cashtags introduced earlier in the year, with order execution, account authentication, and regulatory compliance handled entirely by the respective financial partners rather than by X. The program is separate from X Money, meaning users cannot fund brokerage accounts through an internal X balance. Key Takeaways Direct Brokerage Integration - X users can navigate from supported asset Cashtags directly to Coinbase, Kraken, Gemini, Interactive Brokers, and Moomoo Execution Independence - All trades, account creations, and asset onboarding are handled exclusively on the partner platforms rather than on X Expanding Ecosystem - The rollout builds upon the previous Smart Cashtags framework, which previously drove significant global trading engagement during initial pilots U.S. Availability - The current launch is tailored to U.S. investors, with participating brokers offering localized asset coverage and promotional incentives Fact-checked Sources verified before publication Social media platform partners with Coinbase, Kraken, Gemini, Interactive Brokers, and Moomoo to enable Direct order routing. X has officially unveiled its U.S. Cashtag Partner Program, integrating major financial and cryptocurrency platforms, including Coinbase, Gemini, Kraken, Interactive Brokers, and Moomoo, directly into its interface. The feature allows users to view live asset pricing and related discussions via ticker symbols like $BTC or$TSLA, select a "Trade" option, and seamlessly transition to an approved brokerage or exchange to complete transactions. Building on the foundation of Smart Cashtags introduced earlier in the year, the new partner integration aims to streamline the user journey from financial discourse to market execution. While X provides real-time charts and market posts, order execution, account authentication, and regulatory compliance remain strictly managed by the respective financial partners on their own mobile apps and web platforms. Partner integration details and rollout scope. Each participating provider brings distinct coverage and promotional offers to the initial U.S. launch: * Kraken: Integrates support spanning nearly 2,500 assets across its centralized and decentralized exchange offerings, subject to geographic eligibility. * Interactive Brokers: Enables U.S. investors to transition directly from X to research and execute orders, offering a $100 promotional credit for new eligible clients opening and funding qualifying accounts. * Moomoo: Acts as an official U.S.-regulated brokerage partner, routing users to dedicated pages equipped with robust research tools and market data. * Coinbase and Gemini: Round out the initial launch lineup as primary crypto exchange partners, though asset availability varies by platform. Platform executives note that the feature remains entirely separate from X Money, the social network's broader peer-to-peer payments and digital wallet initiative. Users cannot fund brokerage accounts directly through an internal X Money balance; instead, transactions occur entirely within the infrastructure of the chosen financial institution. Executive perspectives. Mridul Singhai, Product Engineering Lead at X, commented on the strategic objective behind the rollout: "Cashtags close the gap between a ticker on the timeline and the market itself ." Dimitri is an iGaming expert with nearly a decade of experience and a knack for crafting content that speaks directly to the iGaming crowd. He understands affiliate marketing, player psychology, and search algorithms, which enables him to write engaging, data-driven articles. 1 source verified before publication. This news is an official press release that traces directly to official documents by X. How Gamblers Connect verify sources Mridul Singhai, Product Engineering Lead at X · September 21, 2026 Official Body Primary X "Cashtags close the gap between a ticker on the timeline and the market itself." Gamblers Connect only publishes verified and official news from reputable software providers. Read its full editorial standards
Dogecoin hits multi-month high as X adds trading partners: Bitcoin technicals read bullish. Dogecoin spiked to $0.1059 after X added trading partners, then faded. Bitcoin's bullish trend lifts meme coins, but leverage drove the pop. The move shows how platform news still powers meme coin rallies. September 22, 2026 Signal snapshot. * Dogecoin hit $0.1059 intraday this week, its highest price since June, after X announced new trading deals. * The spike faded fast. DOGE closed down 0.62% at $0.0992 as sellers stepped in. * Derivatives open interest jumped about 10% in one hour. Leverage powered the move. * Bitcoin's recent push higher is lifting smaller coins, Dogecoin included. * Token Metrics data on Bitcoin shows bullish technicals, a key driver for the whole market. * Top risk: Dogecoin's chart still shows a death cross that has not flipped. Key takeaways. * What happened: X added trading partners, DOGE popped above $0.10 then gave back the gains. * Why it matters: meme coin moves now ride platform news and leverage more than real use. * The real investor read: watch Bitcoin's trend and DOGE leverage before trusting a breakout. What happened. Dogecoin made its biggest move in months this week. The coin broke the $0.10 level that traders watch closely. It hit $0.1059 intraday, the highest since June. The trigger was an X announcement of trading partnerships with Gemini, Kraken, Coinbase, Moomoo, and Interactive Brokers. The deal lets users trade straight from the timeline using cashtags. The pop did not last. DOGE opened at $0.0999 and spiked, then corrected to $0.0992. It closed the day down 0.62%. The Decrypt report on the fade notes classic pump-then-fade as news got the coin through $0.10 but it could not hold. Part of the move came from leverage. Derivatives open interest jumped roughly 10% in an hour. That means traders used borrowed money to bet on DOGE. When leverage does the heavy lifting, the move can reverse just as fast. Elon Musk has cheered Dogecoin for years. His companies have looked at it as a payment rail. The DOGE crowd saw X's news as one step closer to real use on the platform. The original meme coin still rides on sentiment more than on tech. Why it matters. Bitcoin's latest push higher is dragging the rest of the market. Traders are rotating profits out of Bitcoin into smaller, riskier names. Dogecoin is a top pick in that shift. The coin often moves harder than Bitcoin when sentiment turns positive. This is a narrative cycle, not a fundamentals story. The price action rides tweets, platform news, and leveraged bets. Real adoption is still thin. The X partnerships may bring more users, but the news alone did not change Dogecoin's underlying network. Second-order effect: if Bitcoin keeps trending up, meme coins could keep getting love. But if Bitcoin stalls, the high-beta names like DOGE get hit first. The leverage that lifted DOGE can force selling if positions unwind. A broad risk-on mood can flip fast. Token Metrics view. The chart above shows Dogecoin's price action. But the market driver is Bitcoin. Token Metrics data on Bitcoin gives useful context for the meme coin rally. A recent Token Metrics Signal-tier catalyst points to U.S. regulators taking steps toward friendlier crypto rules. That includes a new SEC exemption for tokenized securities venues and CFTC crypto rulemaking. The catalyst dates to September 17 and is the clearest near-term driver for Bitcoin. Token Metrics technicals read bullish on Bitcoin. The trend is up, and momentum is strong. Price is stretched on the upside but still trading inside its recent range. Volatility is moderate. The coin is trending firmly, not just drifting side to side. Bitcoin trades near $86,500, up about 0.5% on the day and roughly 14% over the past week. Market cap is about $1.7 trillion. Polymarket consensus puts an 80% chance Bitcoin reaches $87,500 in September. That is about $1,000 above current price. A separate market gives 47% odds of $90,000. Another shows 12% odds of $95,000. The takeaway for Dogecoin traders: Bitcoin's bullish trend supports the meme coin rally. But DOGE's own chart still shows a death cross. That means its trend has not confirmed the move. Smart money watches both. Market context. This story is a sentiment and narrative cycle shift. It is not a protocol upgrade or a hack. It shows how platform news can spark a meme coin pop. Historical analogs are not supplied, so Thinsia Research compare to the normal pattern: news-driven spikes that fade when leverage cools. The broader market mood is risk-on. Traders want exposure to smaller coins. Dogecoin benefits because it is liquid and well known. The X news just gave them a reason to buy. Bitcoin's climb above $86,000 pulls the rest of the market up with it. Meme coins live and die by attention. Dogecoin has the longest track record among them. When Elon Musk tweets or his firms make a move, the coin reacts. This week's X partnership news fit that pattern perfectly. The coin popped, then gave back gains as leverage cleared. Risks to watch. * Dogecoin's death cross has not flipped. That signals the long-term trend is still weak. * Leverage is high. Open interest jumped 10% in an hour. Forced selling could follow. * Bitcoin could reverse. If the market leader stalls, meme coins drop faster. * The X partnerships may take time to launch. Hype could fade before real volume arrives. * A broad market risk-off shift would hit smaller coins hardest. Watch the sentiment. What to watch next. * Watch if DOGE can hold $0.10 for more than a day. That would show real demand. * Watch Bitcoin's trend. Token Metrics data shows bullish, but a flip would change the read. * Watch derivatives open interest. If it keeps rising, more leverage is building. * Watch X's rollout of trading on the app. Real user volume matters more than the announcement. * Watch Polymarket odds on Bitcoin prices for clues on the market leader's path. Sources / data used. * X announced trading partnerships with brokers, sparking DOGE spike * Token Metrics signal-stack data for Bitcoin, including technical trend bias, Polymarket consensus, and catalyst summary.
LSEG announces plans for 24/5 trading and tokenized equity system. The London Stock Exchange Group (LSEG) has revealed its intention to implement 24/5 trading, establish a digital securities depository, and create tokenized equity offerings in collaboration with Kraken and HSBC. These developments were shared during a media briefing at the European Blockchain Convention. Track Stocks Bonds Discover more Choose POS Systems Details on the new trading cycle. According to LSEG, the new trading cycle, called LSEG24, is set to launch in the first half of 2027. The initiative will include a digital securities depository aimed at facilitating the recording and settlement of eligible assets. The partnership with Kraken is expected to incorporate a crypto-native platform into the listing process, while an agreement with HSBC will focus on developing an interoperable link to enhance connectivity within the financial ecosystem. Implications for the financial market. The introduction of 24/5 trading comes amidst a broader industry trend where exchanges and brokers are exploring ways to integrate traditional equity trading with blockchain technology. While tokenized stocks can offer exposure to the underlying assets, the legal structure around ownership, such as voting rights and dividends, remains crucial. The continued evolution of trading infrastructure is expected to enhance market access for investors while navigating the challenges associated with liquidity and settlement during off-peak hours. Take Economics Courses
Crypto.com joins U.S tokenized stock perps race amid Kraken-Hyperliquid push. September 18, 2026 The race for U.S tokenized stock perpetual futures (perps) is heating up as Crypto.com joins the trend. In an X post, Crypto.com CEO Kris Marszalek announced that they have gotten SEC authorization to offer tokenized stock perps in the U.S. He added that the products will be offered via the new futures exchange (OG.com). He noted that they've been engaging both regulators, the SEC and the CFTC, to bring single-stock perps to the U.S markets. The most interesting part is that the announcement was made a few hours after Kraken revealed plans to bring Hyperliquid HIP-3 markets (RWA perps) to the United States. Who will win U.S tokenized stock perps race? These developments together mean that the U.S market is up for grabs for RWA perps, especially those tracking single tokenized stocks. Unsurprisingly, Crypto.com has been planning this expansion for a while. In July, the exchange received a whopping $400M strategic investment from Citadel Securities. The funding was designed to help the exchange expand into other asset classes and markets, including tokenized securities and derivatives. Kris Marszalek best described what the exchange views as an opportunity, noting that, The size of the opportunity in front of Moneyvests is staggering, as crypto increasingly becomes the rails for finance. Having built the right regulatory and tech infrastructure over the last decade, Crypto.com is now perfectly positioned to capture this new wave of growth across all asset classes. Most of the tier-1 exchanges have evolved from just crypto platforms. Now, users can receive, save, trade, and invest their funds across these platforms, effectively making them financial super-apps. RWA perps hit record $140B volume in 2026. RWA (real-world asset) tokenized perps are just one of the trading areas that are increasingly gaining momentum across these crypto platforms. To grasp the pace of growth, the segment's volume surged from $20B in January to over $140B by July. That's a 7x growth within a year. Over the same period, the total Open Interest (OI) increased 22x from $220M to $5.3B. In other words, massive capital is being pumped into this sector. It remains to be seen who will win the U.S market share. Final summary. * Kraken-Hyperliquid partnership and Crypto.com are racing for U.S tokenized stock perps trading. * RWA perps volume hit a record $140B, while capital flows increased 22x, underscoring strong growth and interest. Post Views: 1
Kraken is Hiring for 63 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Kraken
Industries
Fintech
Crypto & Web3
Financial Services
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$1.4B
Headquarters
Cheyenne, Wyoming
Founded
2011
Kraken is Hiring for 63 Jobs on Simplify!
Find jobs on Simplify and start your career today