Kraken Bank company
Overview
Kraken Bank is a special-purpose depository institution (SPDI) chartered in Wyoming, United States, and a subsidiary of the cryptocurrency exchange Kraken. It operates as a state-chartered bank focused on providing fiat and digital asset custody, payment, and deposit services to institutional and individual clients. The bank is designed to bridge traditional banking with the cryptocurrency ecosystem.
Within the DeFi Intel graph, Kraken Bank connects to 1 tracked entity, most strongly to Wyoming Division of Banking.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
holds_charter | Wyoming Division of Banking | 95% |
Frequently asked questions
What type of financial institution is Kraken Bank?
Kraken Bank is a special-purpose depository institution (SPDI) chartered in Wyoming, United States, and a subsidiary of the cryptocurrency exchange Kraken.
Who holds the charter for Kraken Bank?
Kraken Bank holds its charter from the Wyoming Division of Banking.
What services does Kraken Bank provide?
Kraken Bank provides fiat and digital asset custody, payment, and deposit services to institutional and individual clients, bridging traditional banking with the cryptocurrency ecosystem.