Kraken Reintroduces Crypto Staking For US Users

With improvements in regulation, Kraken has decided to relaunch its staking services in select States in America.

On Thursday, California-based crypto exchange Kraken reintroduced staking services for its US customers. Its blockchain staking services will be available in 37 out of the 50 states in the US. With new staking features added to the firm’s services, users can now earn passive income on the exchange. 

Kraken Back With Staking Feature

Briefing users on new services, Kraken hinted that customers can now partake in bonded staking. This service entails the users locking up their crypto for a stipulated time on the network. Staked crypto is assigned to platform validators overseeing transaction confirmation. 

Meanwhile, as part of its new mode of operation, Kraken would support 17 cryptocurrencies for staking. This ranges from Ethereum (ETH), Solana (SOL), Polkadot (DOT) and Cardano (ADA,) respectively. 

In 2023, Kraken settled with the US Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, over its staking services. The firm agreed to terminate its staking services and promised to pay a $30 million fine. 

With this new development, Kraken has risen above its core challenge. However, speculations have linked the reopening of operations in the US to recent developments in the crypto space. 

For example, since the beginning of 2025, more US state legislators have intensified their deliberations over the possibility of having state treasuries invest in Bitcoin (BTC). In pushing the US as a crypto hub, President Donald Trump signed his first crypto-related executive order earlier this month. 

As part of the order, Trump formed a Presidential Working Group on Digital Asset Markets. They were saddled with the responsibility of advising the President on crypto policies.

Kraken’s Global Exploits 

Aside from the US, Kraken has recorded new heights in other regions. In 2024, the trading platform revealed the closure of its acquisition of a registered Dutch crypto broker, Coin Meester B.V (BCM). This took it closer to opening operations in Poland and France after Neitherland’s domination. 

Further affirming its objective of a financial revolution, the exchange launched the Layer-2 blockchain dubbed Ink. The launch gave Kraken an edge over competitors. The Ink blockchain focus will help in boosting Decentralized Finance (DeFi) and related Web3 innovations. 

With all these achievements, Kraken’s Global Head of Consumer mentioned that the exchange is fostering the security of blockchain networks.

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