Kraken has introduced Krak, a new global money app designed to make it easier to manage and move money across borders. The app combines the reliability of traditional finance with the speed and flexibility of digital assets.
With Krak, users can access over 300 fiat and digital currencies all in one place, making it a powerful tool for managing global finances from a single app.
Key Features:
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Instant Payments: Send money to over 110 countries instantly using Kraktags—personalized IDs that remove the need to share bank or crypto wallet details.
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Spend & Earn Accounts: Use your funds anytime and earn rewards—up to 4.1% on USDG (a stablecoin) and up to 10% on more than 20 digital assets. No lock-ins or minimums.
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User-Friendly Design: Built for a global, mobile-first generation.
What’s Next?
Krak plans to launch physical and virtual Krak cards soon, making it easy to spend money online or in stores around the world.
Kraken co-CEO Arjun Sethi said:
“The financial system is outdated. We built Krak to change that—making it easier for people everywhere to use and move their money.”
