Kraken’s Canadian operations have surpassed CAD $2 billion in client assets and cash under custody, cementing its position as one of the country’s largest cryptocurrency trading platforms. General Manager Alex Mehrdad credited Kraken’s focus on user experience and innovative products for the milestone.
In 2024, Kraken doubled its Canadian presence and worked to close the knowledge gap surrounding cryptocurrency, with 54% of Canadians now able to define crypto, according to the Ontario Securities Commission. Mehrdad reaffirmed Kraken’s commitment to fostering adoption and reducing barriers to entry for Canadians.
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