Search Results for "Kraken"
3 results for "Kraken"
Deals 3
Kraken Raises $800M to Expand Regulated Multi-Asset Infrastructure
Kraken raised $800 million to expand its vertically integrated, regulated infrastructure stack bridging traditional and digital assets. The funding supports its multi-asset ecosystem including tokenised assets, positioning Kraken as infrastructure for fintech and institutional access to crypto.
Prime Trust Raises Over $100M Series B for Crypto Infrastructure
Prime Trust, a financial infrastructure provider for fintech and digital asset innovators, raised over $100 million in Series B funding. Investors included FIS, Fin Capital, Mercato Partners, and Kraken Ventures. The company planned to expand into wealth management and Web 3 products.
Kraken Bank Applies for Federal Reserve Master Account Access
Kraken Bank, operating under a Wyoming Special Purpose Depository Institution (SPDI) charter, applied for a Federal Reserve master account on July 12, 2021. The application raised significant policy questions about fintech and crypto firm access to Fed payment infrastructure. The request remained pending, becoming a focal point for debates on non-traditional bank access to core banking services.