Kraken has introduced Kraken Embed, a new Crypto-as-a-Service (CAAS) product. It is designed for neobanks, fintech companies and traditional banks. The service allows institutions to provide cryptocurrency transactions to their customers.
Earlier this month, Kraken expanded beyond Crypto by launching EUR/USD and GBP/USD FX Perpetual Futures. Available on the Kraken Pro, this new device will enable the platform to trade major currency pairs 24/7. Unlike traditional FX products, these contracts expire and do not trade continuously.
Brett McClain, Kraken’s Payment Manager and Blockchain, Source: LinkedIn
“We’re looking forward to seeing you in the process of paying for Kraken,” said Brett McLain, Head of Payments at Kraken.
Kraken Embed reduces the need for widespread operational and technical development. This allows institutions to provide cryptographic services within a few weeks. Kraken said the solution uses existing liquidity, technology infrastructure and regulatory experience.
FinanceMagnates.com: You might find it interesting with Kraken’s billion-dollar debt plan. Would you like to strengthen your 2026 IPO initiatives?
nice! My bank offers straightforward encryption in the app. @bunqI am using @krakenfx for my back. Buy 0.75 Sol and it works like a charm!
If Crypto is just trading on people’s banking apps, I’d like to know what happens to many trading platforms. pic.twitter.com/1gd3zwaqnh
– Nelis | Nelis.sol (@nelis_sol) April 30, 2025
Integration with the first Kraken embedded BUNQ
Kraken Embed’s first public integration comes with Bunq, a European neobank. Kraken will soon announce more partnerships.
Founded in 2011, Kraken supports trading on over 370 digital assets. It is considered one of the most liquid crypto exchanges on the market. With Kraken Embed, the company aims to help financial institutions meet the growing customer demand for crypto products.
The launch is due to the increasing global adoption of cryptocurrencies. In Europe, regulations such as MICA provide clear rules for the market. According to Kraken, its infrastructure is located to support agencies in this environment.