Kraken wins Kansas City Fed approval for limited-purpose master account, gains direct Fedwire access
Kraken Financial secured a limited-purpose Federal Reserve master account from the Federal Reserve Bank of Kansas City, according to a statement by the bank. The approval gives Kraken direct connectivity to the Fed’s core payments infrastructure, including Fedwire, and reduces its need to route fiat settlement through correspondent banks.
Kraken Unveils High-Touch VIP Program for Ultra-High-Net-Worth and Institutional Allocators
Kraken announced a High-Touch VIP Program on December 4, 2025, aimed at Ultra High Net Worth (UHNW) individuals and institutional allocators. The program positions Kraken to provide bespoke, compliance-ready infrastructure and concierge services designed to bridge traditional finance and crypto for large, active accounts.