BTCC / BTCC Square / Blockworks /
Kraken Charges Into TradFi-Crypto Bridge Race—Wall Street Still Doesn’t Get It

Kraken Charges Into TradFi-Crypto Bridge Race—Wall Street Still Doesn’t Get It

Blockworks
Author:
Blockworks
Release Time:
2025-05-23 19:30:00
0

Kraken joins accelerating effort to bridge TradFi, crypto

Another day, another exchange trying to convince legacy finance that crypto isn’t just digital Beanie Babies. Kraken’s latest move throws gasoline on the institutional adoption fire—just don’t ask their risk managers about 2022.

The bridge play: While banks still debate whether blockchain is a spreadsheet or a scam, crypto natives are building the on-ramps for them. Kraken’s joining the fray with infrastructure that’d make a quant sweat—assuming they can look up from their Excel macros.

The cynical take: Nothing unites TradFi and crypto like the smell of fresh fees. Whether this bridge carries actual assets or just hype remains to be seen—but the toll booths are already operational.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users