Kraken, one of the largest cryptocurrency exchanges, has announced the opening of a new regional headquarters in Singapore as part of its expansion into Asia.
The move comes amid growing demand for cryptocurrency services in the region, where regulatory environments are becoming more favorable for digital assets.
Kraken’s Singapore office will serve as a hub for its operations across Southeast Asia, offering trading, staking, and custodial services.
The exchange is betting on the region’s rapid crypto adoption and regulatory clarity, positioning itself to capture a significant market share in Asia’s growing crypto ecosystem.