Markets

the Crypto-as-a-Service solution for banks and fintech

Kraken Embed represents the innovation in the Crypto-as-a-Service sector, designed to enable neobanks, fintech companies, and traditional banks to offer cryptocurrency trading to their customers without complications. This new service launched by Kraken allows institutions to quickly enter a continuously expanding digital market.

Kraken Embed: simplifying cryptocurrency trading for financial institutions

Kraken Embed eliminates the need to develop complex technological solutions. Instead, it allows banks and fintech to integrate a cryptocurrency offering in just a few weeks using Kraken’s already liquid and regulated infrastructure. As explained by Brett McLain, Head of Payments and Blockchain at Kraken, the product meets the growing market demand “without the complexity of managing one’s own marketplace.”

In other words, Kraken Embed represents a turnkey solution for institutions that want to offer crypto services without significant investments in technology and regulation. This feature makes the product particularly suitable for entities of various sizes, from emerging neobanks to traditional banks.

The new service already offers more than 370 digital assets and uses the existing market infrastructure and liquidity for trading.

The experience of bunq: a first case of success

The first example of public integration with Kraken Embed is already operational with bunq, a European neobank known for its digital innovation. bunq has adopted Kraken’s platform to offer its customers cryptocurrency trading, a step that marks an important trend in the European financial sector.

The partnership with bunq demonstrates how Kraken Embed works effectively in real environments, paving the way for new collaborations. Kraken has also announced that further integrations will be communicated soon, highlighting the market’s rapid embrace of this solution.

The new FX perpetual futures on Kraken Pro: a strategic expansion

In parallel with the launch of Kraken Embed, Kraken has expanded its offering by introducing perpetual futures on major FX currency pairs, available through Kraken Pro. These contracts on EUR/USD and GBP/USD are tradable continuously, 24 hours a day, seven days a week.

Unlike traditional FX products, perpetual futures do not have an expiration date. This allows traders to keep positions open without having to renew them periodically, offering greater operational flexibility.

This extension indicates a move by Kraken aimed at positioning itself not only as a cryptocurrency exchange but also as a versatile and cutting-edge financial platform. The addition of FX perpetual futures significantly expands the range of tools available for traders and institutions, who can now access key currency markets in a continuous availability regime.

Compliance and regulation: the role of MiCA

The regulatory context is crucial for the expansion of Kraken Embed. The new European regulation MiCA (Markets in Crypto-Assets) offers a clearer and more structured framework for the management of crypto products, increasing the trust of institutions in the sector.

As a result, Kraken can leverage this regulatory environment to offer compliance-ready solutions, facilitating the adoption of cryptocurrencies in the institutional realm.

Why Kraken Embed is a turning point for digital finance

Kraken Embed makes entering the cryptocurrency market simple and fast with a proven technical and regulatory infrastructure. Institutions avoid costly investments and operational risks, while clients gain access to innovative and secure services, directly from their own banks or preferred fintechs.

Considering the constant increase in the adoption of cryptocurrencies globally, Kraken Embed presents itself as a strategic solution to ride this wave. Furthermore, the platform allows traditional operators to not fall behind with respect to the new digital trends.

Future prospects and call-to-action for institutions

The innovation of Kraken Embed paves the way for a new era in which the boundary between traditional and digital finance becomes increasingly thin. Institutions that intend to seize this opportunity must carefully evaluate this solution to offer secure and regulated crypto products to their clients.

In a fast-moving market, anticipating demand with flexible tools like Kraken Embed can represent a significant competitive advantage.

Kraken Embed thus confirms itself as a revolutionary solution to simplify cryptocurrency trading within banks and fintech, aligning with the needs of an audience increasingly interested in the crypto world. The future integrations planned will be decisive in consolidating this trend, outlining new standards in the global financial industry.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button