Kraken
Cryptocurrency exchange and banking firm that became the first crypto company to gain access to the Federal Reserve's co
Our Take
Kraken just pulled something off that every crypto exchange has been dreaming about — they became the first crypto company to get direct access to the Federal Reserve's core payment systems, which means institutional clients can now move money way faster than the old-school wire systems allowed. This isn't just a regulatory win, it's basically the mainstream financial system saying "okay, you're legit enough to play in our sandbox." The real question is whether this opens the door for other crypto firms or if Kraken just bagged a permanent competitive moat.
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