Kraken Relocates Headquarters to Wyoming Following Launch of Prime Platform
Cryptocurrency exchange Kraken has officially relocated its global headquarters to Cheyenne, Wyoming. The decision follows several years of involvement in the state’s digital asset initiatives.The development follows Kraken’s recent launch of Kraken Prime, a brokerage platform for hedge funds, asset managers, and corporates. It combines trading, custody, and asset financing, aiming to meet the operational standards of traditional finance. Wyoming Enacts Crypto Laws, Kraken InvestsWyoming has developed a regulatory framework that is considered favorable to the crypto industry. The state has passed over 30 laws related to digital assets. These include formal recognition of cryptocurrencies as property and legal protections for private keys. The state has also launched a fintech sandbox to support early-stage companies.

Cryptocurrency exchange Kraken has officially relocated its global headquarters to Cheyenne, Wyoming. The decision follows several years of involvement in the state’s digital asset initiatives.
The development follows Kraken’s recent launch of Kraken Prime, a brokerage platform for hedge funds, asset managers, and corporates. It combines trading, custody, and asset financing, aiming to meet the operational standards of traditional finance.
Wyoming Enacts Crypto Laws, Kraken Invests
Wyoming has developed a regulatory framework that is considered favorable to the crypto industry. The state has passed over 30 laws related to digital assets. These include formal recognition of cryptocurrencies as property and legal protections for private keys. The state has also launched a fintech sandbox to support early-stage companies.