Kraken (cryptocurrency exchange)

Payward, Inc.
Kraken
Company typePrivate
Industry
FoundedJuly 28, 2011 (2011-07-28)
FounderJesse Powell
Headquarters
San Francisco, California
,
U.S.
Key people
Products
Websitekraken.com

Kraken (legally named Payward, Inc.) is a US-based cryptocurrency exchange founded in 2011. Beyond cryptocurrencies, in most US states the exchange facilitates the trading of stocks, futures, and ETFs. Kraken was the first cryptocurrency company to obtain a bank charter. In 2025 it began allowing the trading of tokenized equities by non-US customers. In 2025 it had $207 billion in quarterly trading volume, and was ranked the world's fourteenth-largest crypto exchange.

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