6 stories tagged #Arjun Sethi

  1. Kraken Lays Off 150 Jobs as AI Advances, IPO Now Expected in 2027
    crypto

    Kraken Lays Off 150 Jobs as AI Advances, IPO Now Expected in 2027

    Crypto exchange Kraken cuts staff due to AI efficiencies, potentially delaying its IPO until next year amid broader industry layoffs.

    2w ago 1 min read
  2. Kraken Parent Payward Files for OCC Charter in Push to Become a Bank
    finance

    Kraken Parent Payward Files for OCC Charter in Push to Become a Bank

    Payward, Kraken's parent company, has applied for a US national trust charter. If approved, it will offer fiduciary custody for digital assets.

    3w ago 1 min read
  3. Kraken Parent Payward Acquires Bitnomial for Up to $550 Million
    crypto

    Kraken Parent Payward Acquires Bitnomial for Up to $550 Million

    Crypto exchange Kraken's parent company, Payward, is acquiring digital asset derivatives exchange Bitnomial for up to $550 million to bolster its derivatives offerings.

    last mo. 1 min read
  4. Kraken Confirms IPO Plans Amid Valuation Dip and Deutsche Börse Investment
    crypto

    Kraken Confirms IPO Plans Amid Valuation Dip and Deutsche Börse Investment

    Crypto exchange Kraken reaffirms its commitment to an initial public offering, despite recent reports of a pause and a lower market valuation following a significant investment.

    last mo. 1 min read
  5. Kraken's Banking Arm Achieves Direct Federal Reserve Payments Access
    crypto

    Kraken's Banking Arm Achieves Direct Federal Reserve Payments Access

    Kraken's banking unit secures a limited-purpose account with the Federal Reserve, marking a significant step for the crypto industry's integration into mainstream finance.

    3mo ago 1 min read
  6. AI in Crypto: Trusting Agents with Billions or a Risky Bet?
    crypto

    AI in Crypto: Trusting Agents with Billions or a Risky Bet?

    Kraken's co-CEO and Dragonfly's Haseeb Qureshi clash over AI's readiness to manage significant crypto assets, highlighting a divide in the industry.

    3mo ago 1 min read