Encrypted solutions as a service for banks and fintechs

5 Min Read
5 Min Read

Kraken Embed represents innovation in the crypto as a service sector, designed to allow neobanks, fintech companies and traditional banks to offer cryptocurrency transactions to their customers without complications. The new service launched by Kraken allows institutions to quickly enter the ever-expanding digital market.

Kraken Embed: Simplifying cryptocurrency trading for financial institutions

Kraken Embed eliminates the need to develop complex technical solutions. Instead, Banks and Fintech can integrate cryptocurrency offerings in just a few weeks using Kraken’s already liquid and regulated infrastructure. As explained by Brett Mclain, head of payments and blockchain at Kraken, the product meets growing market demand “without the complexity of managing your own market.”

In other words, Kraken Embed represents turnkey Solved For institutions who want to provide crypto services without making significant investments in technology and regulations. This feature makes the product particularly suitable for entities of various sizes, from emerging neobanks to traditional banks.

The new service already offers over 370 digital assets, using existing market infrastructure and liquidity to trade.

BUNQ Experience: First Case of Success

The first example of public integration with Kraken Embed is already operational with Bunq, a European neobank known for its digital innovation. BUNQ employs Kraken’s platform to provide cryptocurrency trading for its customers. This illustrates a significant trend in the European financial sector.

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The partnership with BUNQ shows how Kraken Embed works effectively in real life environments, paving the way for new collaborations. Kraken also announced that further integration will soon be communicated, highlighting the rapid acceptance of the market for this solution.

Kraken Pro’s New FX Permanent Futures: Strategic Expansion

Alongside the launch of Kraken Embed, Kraken expanded its offering by introducing it Permanent futures of major FX currency pairsAvailable on Kraken Pro. These contracts for EUR/USD and GBP/USD are available for continuous trading 24 hours a day, 7 days a week.

Unlike traditional FX products, permanent futures do not have an expiration date. This allows traders to keep their positions open without renewing regularly, providing more operational flexibility.

This extension illustrates the move by Kraken, which aims to position itself not only as a cryptocurrency exchange, but also as a multi-purpose, cutting-edge financial platform. The addition of permanent Forex futures significantly expanded the range of tools available to traders and institutions, providing access to major currency markets with a continuous availability regime.

Compliance and Regulation: The Role of MICA

The regulatory context is essential to the expansion of Kraken Embed. The new European Regulation MICA (Cryptocurrency Market) offers a clearer, more structured framework for the management of cryptographic products, increasing the trust of sectoral institutions.

As a result, Kraken can leverage this regulatory environment to provide compliant solutions and promote the adoption of cryptocurrency in the field of the system.

Why Kraken Embed is a turning point in digital finance

Kraken Embed makes entry into the cryptocurrency market simple and faster with proven technical and regulatory infrastructure. Institutions avoid expensive investment and operational risks, but clients can access innovative and secure services directly from their banks and priority fintechs.

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Given the ever-increasing adoption of cryptocurrency globally, Kraken Embed appears as a strategic solution to ride this wave. Additionally, the platform ensures that traditional operators do not fall behind on new digital trends.

Promoting future outlook and institutional action

Kraken Embed’s innovation paves the way for a new era where the boundaries between traditional finance and digital finance are becoming thinner and thinner. Institutions intending to seize this opportunity should carefully evaluate this solution and provide clients with secure, regulated cryptographic products.

In a rapidly moving market, forecasting demand with flexible tools like Kraken Embed can represent a great competitive advantage.

Therefore, Kraken Embed has confirmed its position as an innovative solution to simplify cryptocurrency trading within banks and fintechs, and is tailoring the needs of viewers who are increasingly interested in the crypto world. Planned future integration will be critical in integrating this trend, outlines new standards for the global financial industry.

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