Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report
Crypto exchange Kraken has reportedly laid off some of its staff as a cost-cutting measure, which could delay its planned initial public offering in the...
Tag : Kraken
Chainlink News: Kraken Just Ditched LayerZero for Chainlink CCIP, And LINK Holders Are the Big Winners
In the latest Chainlink news, Kraken has officially replaced LayerZero with Chainlink CCIP as the exclusive cross-chain infrastructure layer for its wrapped asset suite, including...
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
Crypto exchange Kraken announced Thursday that it had changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that...
Kraken ditches LayerZero for Chainlink CCIP
Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Summary Kraken chose Chainlink CCIP for...
Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands
In brief Kraken will migrate its wrapped Bitcoin product, kBTC, from LayerZero to Chainlink’s interoperability protocol. The asset maintains a market cap of more than...
Franklin Templeton, Kraken Parent Payward Team Up to Tokenize Wall Street Products
In brief Kraken’s parent Payward and Franklin Templeton are partnering to bring traditional financial products—including tokenized equities and yield products—onto blockchain networks. The deal includes...
Kraken Parent Payward Applies for OCC National Trust Bank Charter
In brief Payward, which operates crypto exchange Kraken, filed for a national trust company charter with the Office of the Comptroller of the Currency. The...
Kraken parent company applies for OCC charter in move toward banking
Latest NewsPublishedMay 8, 2026 The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos....
Kraken buys Hong Kong stablecoin firm Reap for $600 million in Asia push
Kraken’s $600 million acquisition of Reap folds a Hong Kong stablecoin business‑payments specialist into its stack, with Payward issuing stock at a $20 billion valuation...
Kraken Parent Acquires Asian Stablecoin Firm Reap for $600 Million: Bloomberg
In brief Kraken parent Payward Inc. agreed to pay $600 million for Reap Technologies, a Hong Kong-based stablecoin payments provider. The deal combines cash and...