Kraken Relaunches Staking in the U.S.

The exchange's new offering goes the non-custodial route.

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Nearly two years after settling SEC charges over its previous staking program, Kraken Kraken is launching a new service that lets users stake directly from their own wallets.

What's the Scoop?

  • Staking Returns: Kraken has restarted its U.S. staking services nearly two years after settling SEC charges.
  • Non-Custodial Model: The new program allows users to stake directly from their own wallets, removing Kraken’s custody over staked assets. This model contrasts with Kraken’s previous custodial staking, which led to a $30M SEC settlement in early 2023.
  • Supported Assets:  At launch, staking will be available for Ethereum Ethereum and Solana Solana with more tokens to be added over time.

Bankless Take

Kraken’s move signals a growing shift toward decentralized and non-custodial staking solutions in response to U.S. regulatory pressure. By removing custodial risks, the exchange aims to stay compliant while still offering staking rewards to its users.


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Kazu Umemoto

Written by Kazu Umemoto

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Kazu Umemoto is an analyst and has been with Bankless since October 2024. Previously worked at an accounting firm doing tech auditing. He graduated from the University of Oregon with a degree in finance and a minor in computer science.

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