News & Updates
The latest news and updates from companies in the WLTH portfolio.
Kraken Fed Master Account Still Inactive Despite Historic Approval - TokenPost
Kraken's Wyoming-chartered bank made history in March by becoming the first crypto-focused institution to receive approval for a Federal Reserve master account. However, months after securing the milestone, the account has yet to become operational, highlighting the challenges of integrating crypto firms into the U.S. banking system. A Fed master account allows banks to hold funds directly with the Federal Reserve and transfer U.S. dollars through Fedwire without relying on intermediary banks. The Federal Reserve Bank of Kansas City approved Kraken's application on March 4 after the company had waited since October 2020. Despite the approval, Kraken Financial CEO David Mathena recently told Wyoming's blockchain select committee that the bank is still working to activate the account. The company is now focused on expanding its deposit services and preparing to fully utilize the direct Fed connection. Until then, Kraken continues to process U.S. dollar wire transfers through Dart Bank, according to its support documentation. Kraken has previously said the rollout would happen in phases, initially serving large institutional clients. The account also comes with unique restrictions. The Kansas City Fed approved it as a one-year pilot with undisclosed conditions tailored to the bank's risk profile. Those limitations have attracted scrutiny from lawmakers, including Representative Maxine Waters, who questioned the legal basis for the so-called "limited purpose account" and whether Kraken can access services such as ACH payments or earn interest on Fed balances. Kraken secured approval as a Tier 3 applicant, a category covering state-chartered banks without federal deposit insurance or a federal banking regulator. Such approvals are extremely rare. Federal Reserve Vice Chair for Supervision Michelle Bowman recently described Tier 3 access as nearly impossible to obtain. According to fintech analyst Jason Mikula, only three of 53 Tier 3 or unclassified applicants have ever received approval, with Kraken being the only crypto-related institution. The uncertainty continues as the Federal Reserve finalizes new rules governing payment account access for non-bank institutions. Public comments on the proposal close on July 27, while Governor Christopher Waller expects final regulations by the end of the year. Kraken's experience could influence the Fed's handling of future applications, including Ripple's pending request for a master account.
Kraken Borrow Update Gives Pro Traders More Room To Manage Collateral
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken is updating its borrowing mechanics for Pro users, giving eligible traders more flexibility around collateral and liquidity management. The change sits in a practical part of crypto that often gets less attention than price action. Traders do not only need assets to buy or sell. They need ways to manage capital, use collateral efficiently, and access liquidity without immediately closing positions. That is the appeal of borrow products. A trader may want to keep crypto exposure but still use some of that value elsewhere. Borrowing against collateral can solve that problem, but it also introduces interest costs, liquidation risk, and tighter margin management. Kraken's update is useful because it shows how exchanges are building deeper financial tools around the trading experience. TL;DR * Kraken has updated borrow mechanics for eligible Pro users. * The focus is on collateral management, margin spend, and liquidity access. * The product can improve capital efficiency, but users still need to understand interest rates and liquidation risk. Borrowing Against Crypto Is Useful, But Not Simple The basic idea is easy to understand. A user holds crypto. Instead of selling it, they borrow against it. That lets them access liquidity while keeping exposure to the asset. In a rising market, that can feel efficient. In a falling market, it can become dangerous. The risk comes from collateral value. If the collateral falls sharply, the borrower may need to add funds, reduce the loan, or face liquidation. Crypto's volatility makes that risk more serious than in many traditional lending markets. A position that looks safe one day can become stressed quickly if the underlying asset drops. That is why borrow products need transparency. Users need to understand loan-to-value ratios, liquidation thresholds, interest rates, collateral eligibility, and repayment mechanics. Kraken's update appears aimed at making the borrow experience more integrated for active users. That can be useful for traders who already manage risk carefully. It can also be risky for users who see borrowing as free capital. Capital Efficiency Is The Main Use Case For professional or advanced traders, capital efficiency matters. Keeping too much idle collateral can limit flexibility. Selling long-term holdings to access liquidity may create tax, timing, or opportunity-cost issues. Moving funds between platforms can introduce delays and operational risk. A better borrow tool gives traders more ways to respond to the market. They may borrow to hedge, fund another position, avoid selling into weakness, or manage short-term cash needs. They may also use borrowing as part of a broader portfolio strategy where collateral remains productive rather than dormant. That is why exchanges are paying attention to these products. A platform that offers trading, custody, borrowing, options, and risk tools can become more useful to active users than an exchange that only provides spot access. The more functions traders can handle in one place, the stickier the platform becomes. Kraken's borrow update fits that model. The Risk Controls Matter Most The important question is whether the product helps users manage risk or encourages them to take too much of it. Borrowing can make a portfolio more flexible, but it can also add leverage indirectly. A user who borrows against crypto and then uses the funds for more trading has increased exposure. If markets fall, the damage can compound. That is why interest rates and liquidation thresholds are not minor details. They are the centre of the product. A good borrow system should make costs visible. It should warn users before collateral becomes stressed. It should explain how liquidations work. It should avoid making complex risk feel too easy. Crypto has already seen what happens when leverage is poorly understood. Borrow products do not need to repeat that mistake. For Kraken, the update strengthens the exchange's advanced-trader offering. It gives eligible clients more tools to manage liquidity without leaving the platform. For users, the benefit depends on discipline. Borrowing against crypto can be sensible when used carefully, but it is still a risk product. The bigger market takeaway is that exchanges are becoming more like full-service trading platforms. Spot trading is only one part of the relationship. Collateral, lending, derivatives, and portfolio tools are becoming just as important. Kraken's update is another step in that direction. This article is based on information from Kraken. This article was written by the News Desk and edited by Samuel Rae.
Kraken and Calisen in first-of-its-kind partnership
Left: Catherine O'Kelly, CEO, Calisen. Right: Amir Orad, CEO, Kraken / Images courtesy Calisen Group and Kraken Smart meter company Calisen has partnered with Kraken to modernise the management of its nationwide engineering workforce as the UK's smart meter rollout enters a more complex phase. The first-of-its-kind agreement will see Calisen deploy workplace management platform Kraken Field on the Kraken operating system to coordinate scheduling, job dispatch and engineer deployment across its field operations. Calisen owns and manages the largest portfolio of smart meters in the UK. It employs around 1,100 field engineers and carries out a home visit every six seconds. The company expects the new platform to improve operational efficiency by automating many of the planning tasks traditionally handled manually. Smart meters are one of the foundations of a more flexible energy system, but the rollout depends on thousands of field visits being planned and completed reliably. By modernising the operational layer behind those visits, Kraken and Calisen can help accelerate the deployment and maintenance of the infrastructure the UK needs for a cleaner, more flexible grid. Optimisation technology Kraken's software uses workforce optimisation technology to match engineers with suitable jobs based on factors including location, skills and equipment requirements. By reducing unnecessary travel and improving scheduling, the system is intended to increase the number of successful appointments while improving first-time fix rates and reducing missed appointments. Have you read? AI and smart meters transform African utilities New G3 certification: Multi-utility metering over a single communication network DLMS UA and OpenADR Alliance cooperate on data exchange at the grid edge Discussing the broader context of this agreement, Amir Orad, chief executive of Kraken, said: "The energy transition depends on the deployment of smarter infrastructure at national scale - and to make the operations behind it just as intelligent. "Calisen has built one of the UK's most important smart-metering platforms, and Kraken Field optimisation will help make every visit count: improving first-time success, reducing unnecessary miles and giving customers a faster, more reliable service." Meter maturity Calisen chief executive Catherine O'Kelly also commented on the bigger picture, mentioning that around three quarters of British homes now have smart meters. "In this mature and more complex phase of the roll out, the remaining installations are in harder to reach homes, we are fixing non-communicating meters and performing upgrades. "At the same time, consumers are rightly demanding this crucial bit of kit is functioning well as they look to install solar panels and batteries or switch to EVs. This new phase of the smart meter system is more technical, with tougher penalties for suppliers when things go wrong. "It is therefore vital that we have the best systems in place to ensure our 1,100-field force is in the right place at the right time with the right equipment to improve customer service. Kraken offers the best way for us to secure this ambition." The partnership with Kraken is part of Calisen's wider technology transformation programme, which is being delivered in pilot phases by a dedicated internal team in partnership with key industry players such as Kraken and with the support of 'early adopter' employees within the business.
Kraken API Partner Program Introduces Developer Upgrade Features
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days it is infrastructure. Kraken API Partner Program Introduces Developer Upgrade Features sits inside that mix, and it gives readers a useful snapshot of where attention is moving today. For more details, visit the official Kraken platform. TL;DR * Kraken API Partner Program Introduces Developer Upgrade Features is the main story for Kraken today. * Kraken Pro launching API partner program expansions optimizes developer tooling options. * The cleaner read is to focus on what Kraken actually shows, not to overstate what the update proves. Why The Source Matters Exchange updates matter when they reveal where liquidity, user access, and product distribution are moving next. That is the lens I would use here. The update is not valuable because it gives traders a magic answer. It is valuable because it adds another reliable data point to a market that has been moving quickly and, at times, messily. Discuss how the partner tier benefits relate to algorithmic trading desks. That detail is important because it gives the story a specific centre of gravity. Without that, it would be too easy to turn this into a generic market move or a recycled headline. For readers, the useful question is not simply whether Kraken is getting attention. It is whether the underlying development changes access, liquidity, regulatory clarity, infrastructure reliability, or trader positioning. In this case, the answer is that it does give the market something concrete to evaluate. The source trail matters here. The article is based on Kraken, which is a cleaner starting point than relying on second-hand summaries or social chatter. The Cleaner Way To Read It The immediate read is also different depending on who is watching. Traders may focus on price and liquidity, while builders or compliance teams may care more about the rule, integration, product, or infrastructure detail. That split is exactly why the story is worth handling as a standalone article rather than burying it in a broader recap. There is also a timing element. The July 15 update arrives after several sessions where crypto markets have been sensitive to macro headlines, ETF flows, regulatory signals, and exchange-level product changes. Any credible update that touches one of those channels is going to attract attention. What should be avoided is the temptation to turn one development into a sweeping conclusion. A listing is not the same thing as adoption. A price rebound is not the same thing as a confirmed trend reversal. A new rulemaking step is not the same thing as final legal certainty. The value is in the narrower, more accurate read. Exchange product updates can look small, but they often show where platforms think user demand is heading. More supported assets, better payments, or stronger APIs can all change how traders and institutions interact with crypto markets. The Bottom Line For now, the story gives the market one more piece of evidence about where Kraken sits in the current cycle. It may be about regulatory clarity, a product rollout, a price level, or a piece of infrastructure, but the same rule applies: the strongest conclusion is the one that stays closest to the source. If follow-up data confirms the direction of travel, this could become part of a larger narrative. If not, it still gives readers a useful snapshot of how quickly crypto's active themes are rotating across policy, infrastructure, payments, exchanges, and market structure. That is why this deserves coverage now. It is not about forcing a dramatic market call. It is about giving readers a clear, grounded explanation of what happened, why it matters, and what still needs to be watched. This report is based on information from Kraken. This article was written by the News Desk and edited by Samuel Rae.
Kraken Launches Spending Upgrades Enabling Direct Account Balance Card Settlement
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days it is infrastructure. Kraken Launches Spending Upgrades Enabling Direct Account Balance Card Settlement sits inside that mix, and it gives readers a useful snapshot of where attention is moving today. For more details, visit the official Kraken platform. TL;DR * Kraken Launches Spending Upgrades Enabling Direct Account Balance Card Settlement is the main story for Kraken today. * Kraken card balance upgrade represents a key step for payment infrastructure options on the exchange. * The cleaner read is to focus on what Kraken actually shows, not to overstate what the update proves. Why This Update Matters Exchange updates matter when they reveal where liquidity, user access, and product distribution are moving next. That is the lens I would use here. The update is not valuable because it gives traders a magic answer. It is valuable because it adds another reliable data point to a market that has been moving quickly and, at times, messily. Focus on supported assets and transactional finality speed rules. That detail is important because it gives the story a specific centre of gravity. Without that, it would be too easy to turn this into a generic market move or a recycled headline. For readers, the useful question is not simply whether Kraken is getting attention. It is whether the underlying development changes access, liquidity, regulatory clarity, infrastructure reliability, or trader positioning. In this case, the answer is that it does give the market something concrete to evaluate. The source trail matters here. The article is based on Kraken, which is a cleaner starting point than relying on second-hand summaries or social chatter. The Market Read From Here The immediate read is also different depending on who is watching. Traders may focus on price and liquidity, while builders or compliance teams may care more about the rule, integration, product, or infrastructure detail. That split is exactly why the story is worth handling as a standalone article rather than burying it in a broader recap. There is also a timing element. The July 15 update arrives after several sessions where crypto markets have been sensitive to macro headlines, ETF flows, regulatory signals, and exchange-level product changes. Any credible update that touches one of those channels is going to attract attention. What should be avoided is the temptation to turn one development into a sweeping conclusion. A listing is not the same thing as adoption. A price rebound is not the same thing as a confirmed trend reversal. A new rulemaking step is not the same thing as final legal certainty. The value is in the narrower, more accurate read. Exchange product updates can look small, but they often show where platforms think user demand is heading. More supported assets, better payments, or stronger APIs can all change how traders and institutions interact with crypto markets. The Bottom Line For now, the story gives the market one more piece of evidence about where Kraken sits in the current cycle. It may be about regulatory clarity, a product rollout, a price level, or a piece of infrastructure, but the same rule applies: the strongest conclusion is the one that stays closest to the source. If follow-up data confirms the direction of travel, this could become part of a larger narrative. If not, it still gives readers a useful snapshot of how quickly crypto's active themes are rotating across policy, infrastructure, payments, exchanges, and market structure. That is why this deserves coverage now. It is not about forcing a dramatic market call. It is about giving readers a clear, grounded explanation of what happened, why it matters, and what still needs to be watched. This report is based on information from Kraken. This article was written by the News Desk and edited by Samuel Rae.
Kraken Adds USDT0 On Tempo As Stablecoin Rails Keep Spreading Across Networks
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken Adds USDT0 On Tempo As Stablecoin Rails Keep Spreading Across Networks is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise. The immediate point is straightforward: kraken added support for USDT0 deposits and withdrawals on Tempo. That gives readers something concrete to work with, rather than another vague sentiment update. TL;DR * Kraken added support for USDT0 deposits and withdrawals on Tempo. * The integration is aimed at lowering transfer costs and expanding stablecoin access. * It shows exchanges treating network support as part of the stablecoin product experience. Why This Matters Now The timing matters because Kraken is already part of a wider conversation across the market. Traders want to know whether the development changes liquidity or risk. Builders want to know whether it changes what can be deployed. Compliance teams want to know whether it changes how platforms operate. In that sense, the story is bigger than one headline. It sits inside the ongoing shift from speculative crypto cycles toward more practical questions: who can use these systems, how safe are they, and whether the underlying incentives actually work. The best way to read it is with discipline. It is not a guarantee of immediate upside, and it should not be treated as one. But it does add a fresh data point to the way the market is thinking about Kraken. The Kraken Angle For Kraken, the important part is the specific mechanism. If this is a security issue, the risk sits in dependencies and user protection. If it is a listing or product launch, the question is access and liquidity. If it is a governance or research proposal, the question is whether the idea can survive implementation. That is where this update becomes useful. It is not just a label attached to a trend. It gives readers a way to understand what might actually change if the development gains traction. Crypto has a habit of turning every announcement into a broad market claim. This one deserves a narrower read. The value is in seeing how it affects the users, developers, institutions, or traders closest to the issue. The Risk Side There is also a caution attached. Source material can confirm that a development exists, but it cannot prove that adoption will follow. A proposal still needs support. A product still needs users. A chart still needs confirmation. A compliance tool still needs integration. That is why the responsible reading is not to oversell the story. The stronger takeaway is that this adds to a pattern. The crypto market is steadily becoming more professional, more technical, and more sensitive to real operational details. Readers should also watch for follow-up signals. That could mean developer feedback, exchange support, regulatory response, wallet adoption, liquidity data, or simply whether market participants continue reacting after the first headline fades. What Comes Next The next stage will decide whether this remains a narrow update or becomes part of a larger market theme. In crypto, that difference matters. Plenty of stories look important for a few hours and then disappear. The ones that last usually show up again through usage, liquidity, enforcement, governance, or developer adoption. For now, this gives the market another piece of information to weigh. It is specific enough to be useful, but still early enough that readers should keep the caveats in view. That makes it worth covering without pretending it settles anything. The story is a signal, not a final verdict. The key is not to confuse coverage with certainty. Kraken stories can move quickly, especially when they touch security, regulation, listings, infrastructure, or price levels. The useful approach is to track the next confirming detail rather than assume the first update carries the whole market story. That is how traders avoid chasing noise and how readers separate a genuine development from another passing headline. This report is based on information from blog.kraken.com. This article was written by the News Desk and edited by Samuel Rae.
Kraken Tether Gold Listing Adds A Commodity-Backed Twist To Crypto Trading Menus
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken Tether Gold Listing Adds A Commodity-Backed Twist To Crypto Trading Menus is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Not every exchange listing is about high-beta speculation. Some are about giving traders more ways to express older market views on newer rails. The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving. For more details, visit the official Kraken platform. TL;DR * Kraken listed a Tether Gold-linked asset for trading. * The listing gives users more access to commodity-backed digital assets. * Gold-backed tokens sit at the intersection of crypto rails and traditional safe-haven narratives. Why Access And Liquidity Matter Gold-backed tokens appeal to users who want exposure to commodity-linked assets without leaving crypto infrastructure. Kraken's listing expands the menu for traders who already use the exchange for spot markets. Exchange updates are easy to dismiss until they change where liquidity actually sits. Listings, margin support, fee changes, and trading-pair expansions all affect how quickly capital can move into a sector. That matters for assets trying to graduate from niche attention to broader market participation. The Bigger Exchange Strategy The key question is whether demand for tokenized commodity exposure grows beyond a niche audience. The immediate impact is usually felt in access and liquidity rather than fundamentals. Still, access is not a small thing. The easier an asset is to trade on major venues, the easier it becomes for narratives to turn into measurable volume. For Bitcoinist readers, the practical takeaway is to avoid treating this as an isolated headline. The stronger read is to connect it with the current market environment: liquidity is still selective, regulatory pressure has not disappeared, and the projects that keep shipping useful updates are the ones most likely to hold attention when the cycle gets noisy. That does not mean the story should be stretched beyond what the source supports. The cleaner approach is to keep the facts tight, explain the mechanism, and show readers why it may matter if follow-up data confirms the same direction over the next few sessions. In other words, this is a development to watch rather than a guaranteed turning point. Crypto moves quickly, but the useful signals are usually the ones that still make sense after the first reaction fades. The important thing for readers is context. A single development rarely defines the market on its own, but a series of source-backed updates can show where momentum is building. That is why this article keeps the focus on the specific mechanism in play, the source behind it, and the reason traders or builders may care today. This article is based on information from blog.kraken.com. This article was written by the News Desk and edited by Samuel Rae.
World's first USV airdrop accomplished by Kraken and Capewell - Naval News
Kraken Technology Group and Capewell, supported by the Royal Navy under Project Beehive, have successfully completed the world's first extracted-load airdrop of an uncrewed surface vessel (USV) from an A400M military transport aircraft. Kraken press release During a series of pioneering trials, a Project Beehive specification K3 SCOUT USV was deployed on Capewell's Universal Maritime Craft Aerial Delivery System (UMCADS) multiple times from an altitude of 1,300 feet into waters of up to Sea State 4. These demonstrations successfully proved a new force projection capability to rapidly insert high-performance uncrewed vessels into contested or difficult-to-access maritime environments. The trials combined Kraken's K3 SCOUT optional airdrop kit with Capewell's reconfigurable Type V parachute-based UMCADS platform, which can airdrop various maritime vessels directly into military zones. The trial campaign culminated with a successful validation of a pioneering new IN-Release system, a configurable electro-mechanical release mechanism which enables reliable, synchronised load disconnect across a wide range of aerial and maritime applications. These tests prove that K3 SCOUTs can be inserted directly by air and enter the water ready for operation, significantly expanding the speed, range, and flexibility with which uncrewed maritime capabilities - such as those procured for the UK's Hybrid Navy in Project Beehive - can be deployed. Mal Crease, Founder and CEO of Kraken Technology Group, said: "Working in partnership with Capewell and the Royal Navy, we have demonstrated that K3 SCOUT can be rapidly deployed directly from a military transport aircraft into contested or difficult-to-access waters ready for operation. Kraken, alongside its partners and the Royal Navy, will continue to push boundaries to deliver novel and enhanced operational capabilities with our resilient, modular platforms." Mark Lavender, Director of Business Development and Training at Capewell said: "In collaboration with Kraken we were able to validate the integration of a complex payload with our UMCADS platform while demonstrating the ease with which the system can be reconfigured for alternative mission essential equipment be they maritime or land applications. This was further validated in that we conducted 4 live airdrops in 6 working days with the same boat and platform during this campaign."
Wemade's WEMIX Lists on Kraken, Western Expansion
Kraken listing boosts WEMIX liquidity, expands Western market access, with future exchange plans Wemade announced on the 8th that it has listed its virtual asset 'WEMIX' on the global cryptocurrency exchange 'Kraken.' With this listing, Kraken users can now easily trade WEMIX in U.S. dollars, a base currency. A Wemade official said, "The Kraken listing is significant in terms of securing liquidity for WEMIX and increasing exposure in Western markets," adding, "WEMIX, which has previously established its presence in the domestic, Asian, and South American markets, has now expanded its influence to institutional and individual investors in Western countries such as the U.S., Canada, and the U.K." The company plans to accelerate the expansion of WEMIX's Real-World Asset (RWA) initiatives through this Kraken listing. It intends to proceed with additional listings on major exchanges in the future, secure global liquidity, and continuously expand accessibility to the WEMIX ecosystem. Additionally, Wemade is preparing to launch an AAA-level new game to advance the WEMIX Web3 gaming ecosystem. It recently unveiled 'StableNet,' South Korea's first dedicated Layer 1 blockchain for a won-pegged stablecoin.
Germany Sends More Bitcoin To Kraken And Coinbase As Selloff Fears Persist
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure German government-linked wallets have sent another tranche of Bitcoin toward Kraken and Coinbase, keeping traders focused on state-level selling pressure as BTC tries to stabilize. For more details, visit the official Arkham platform. TL;DR * Arkham-tracked German wallets have sent more BTC to major exchanges. * The latest transfers include flows toward Kraken and Coinbase-linked destinations. * Exchange deposits are being watched as a potential sell-side pressure signal. This is the more tactical version of the Germany Bitcoin story. The broad point is that seized coins are moving. The trading point is where they are moving and how often the transfers continue. Exchange Flows Keep The Market Nervous When a large wallet sends BTC to exchanges, traders rarely wait for confirmation of an executed sale. They start pricing the possibility. That is especially true when the wallet belongs to a government entity with no obvious reason to keep the coins as a long-term treasury asset. The Kraken and Coinbase destinations matter because they are deep venues with enough liquidity to process large flows. That can reduce market disruption, but it also makes potential sales more practical. Why This Is Not Just Another Whale Alert A random whale transfer can mean many things: custody reshuffling, collateral movement, OTC settlement, or exchange trading. A government liquidation wallet is different. The market has a clearer reason to assume the coins may be heading toward distribution or sale. For now, Bitcoin's resilience will depend on absorption. If ETF demand, spot buyers, and market makers can take the supply, the damage may stay limited. If the transfers keep coming during thin liquidity, every new movement will feel like another test. This report is based on wallet data from Arkham Intelligence. This article was written by the News Desk and edited by Samuel Rae.