The approval lets Kraken speed up deposits and withdrawals for large traders and institutional clients, but is limited.
Kraken becomes first crypto company to secure Fed master account access: WSJ
The approval lets Kraken speed up deposits and withdrawals for large traders and institutional clients, but is limited.
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The company is being advised by FT Partners, the sources said.
The acquisitions bring TeraWulf’s capacity to 2.8 gigawatts as it targets major infrastructure expansion to supply power-hungry computing demand.
Cypherpunk Technologies boosted its zcash bet with a $28 million token purchase, lifting its holdings to 1.7% of ZEC’s circulating supply.
At NEARCON 2026, Dragonfly’s Haseeb Qureshi and Kraken co-CEO Arjun Sethi delivered a sharp debate over how soon those agents can be trusted with real money.