Kraken Launches'Embedded 'Service to Help Financial Institution Groups Offer Regulated Crypto Trading
2025-05-01 12:17:49
According to Finance Feeds, crypto exchange Kraken has launched Kraken Embed, a crypto-as-a-service product that allows Financial Institution Group to provide customers with digital asset trading services without the need to build its own trading system. The product supports more than 370 digital assets, and European digital bank bunq has become the first integration partner. Brett McLain, head of Kraken's payments and blockchain business, said the solution can help Financial Institution Group carry out crypto business compliance within weeks, while avoiding the complexities of operating its own exchange. The service is already compliant with regulatory frameworks such as the European Union MiCA, and more partners are expected to be connected in the future.
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