How Kraken Plans to Dominate Tokenization and Perps in 2026 and Beyond - Ep. 932
Unchained28 Okt 2025

How Kraken Plans to Dominate Tokenization and Perps in 2026 and Beyond - Ep. 932

As crypto markets mature, Kraken is transforming from a trading venue into a multi-asset infrastructure platform. Co-CEO Arjun Sethi joins to break down the exchange’s expansive strategy: building a vertically integrated derivatives business, pioneering tokenized equities with xStocks, and launching a purpose-built layer 2 chain, Ink, to bridge regulated finance and open DeFi. Sethi also explains how Kraken responded to the Black Friday crash, the firm’s ADL and margin policies, and what Kraken wants from U.S. policymakers in 2025. Plus: how Kraken's acquisitions of NinjaTrader and Small Exchange could reshape U.S. derivatives, and why this time, tokenization may finally deliver. Thank you to our sponsors! Mantle https://www.mantle.xyz/ Guest: Arjun Sethi, Co-CEO of Kraken Timestamps: 👍 0:00 Intro ⚡️ 0:15 Kraken’s experience on “Black Friday” and how the team handled the chaos 👥 3:52 Why Kraken uses a co-CEO model and how it works in practice 🧩 7:50 How Arjun and his team kept calm and supported the broader ecosystem during the crash 📈 9:25 What the derivatives boom means for Kraken’s long-term strategy 🛡️ 14:55 Why customer trust and fair risk management are core to Kraken’s DNA 🏛️ 20:26 How the Small Exchange and NinjaTrader deals fit into Kraken’s U.S. expansion plan 🔗 31:44 Why tokenization is finally real this time and how Kraken plans to lead it ⚖️ 53:24 What Kraken hopes to achieve in Washington and what’s next for the company Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(1136)

Uneasy Money: How the Resolv Hack Shows an Audit Doesn't Mean 'Secure'

Uneasy Money: How the Resolv Hack Shows an Audit Doesn't Mean 'Secure'

Chaos Labs’ Omer Goldberg joins the crew to dig into the Resolv Labs exploit. Why was the USR minting function controlled by a single key? And how did audits miss it? Thank you to our sponsors! ...

27 Mar 1h 24min

Bits + Bips: Why Iran Is Trump’s Greatest Taco. Plus, Is Elon’s TeraFab ‘Bullshit’?

Bits + Bips: Why Iran Is Trump’s Greatest Taco. Plus, Is Elon’s TeraFab ‘Bullshit’?

Trump pulled off a five-day ceasefire nobody expected. Ram calls it the greatest TACO of his career. --- Thank you to our sponsor: Nexo — the premier digital wealth platform. Receive interest on yo...

25 Mar 1h 2min

Bits + Bips:  What Iran, Oil Shocks, and No Rate Cuts Mean for Crypto

Bits + Bips: What Iran, Oil Shocks, and No Rate Cuts Mean for Crypto

Bitcoin dropped under $69K even as the SEC and CFTC create more clarity for crypto, and agentic commerce looks like it will reshape the sector. --- Thank you to our sponsor, MultiChain Advisors --...

23 Mar 42min

Bitcoin DeFi Has Been Elusive. Can Mysten Labs Bring $1.4 Trillion Onchain?

Bitcoin DeFi Has Been Elusive. Can Mysten Labs Bring $1.4 Trillion Onchain?

Adeniyi Abiodun, co-founder and CPO of Mysten Labs,  walks through how Hashi works and how it differs from the competition. Can it succeed where others have failed? Nexo is the premier digital wealth...

20 Mar 30min

Uneasy Money: Should DeFi Frontends Block High Slippage Swaps?

Uneasy Money: Should DeFi Frontends Block High Slippage Swaps?

The crew unpacks the significance of the Trade[XYZ] S&P 500 license, why Vanity Fair's recent crypto piece is so controversial and whether the EF is returning to “communism.” Thank you to our sponsor...

20 Mar 1h 15min

DEX in the City: Why the Binance Case Against the WSJ ‘Is Probably Not a Winner’

DEX in the City: Why the Binance Case Against the WSJ ‘Is Probably Not a Winner’

The crew unpacks the Binance case against the Wall Street Journal. Is the lawsuit just for optics? Plus, why crypto can't turn a blind eye to one Aave user's $50 million loss. Nexo is the premier dig...

19 Mar 52min

The Top Things Investors Need to Know Before Buying Crypto Tokens

The Top Things Investors Need to Know Before Buying Crypto Tokens

Across Protocol wants to retire its token in exchange for equity. Is the DAO model structurally broken? Thank you to our sponsor! Adaptive Security With Across Protocol proposing to retire i...

19 Mar 1h 8min

The Chopping Block: The Ethereum Foundation Manifesto + Who Really Runs Crypto?

The Chopping Block: The Ethereum Foundation Manifesto + Who Really Runs Crypto?

Crypto insiders debate the Ethereum Foundation’s new “CROPS” mandate: is the EF losing touch with builders, why does Solana keep pulling startups away, and what will it actually take for Ethereum to s...

19 Mar 1h 11min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
popradet
stopp-verden
dine-penger-pengeradet
nokon-ma-ga
det-store-bildet
rss-gukild-johaug
lydartikler-fra-aftenposten
fotballpodden-2
hanna-de-heldige
aftenbla-bla
rss-ness
rss-espen-lee-usensurert
rss-dannet-uten-piano
rss-utenrikskomiteen-med-bogen-og-grasvik
frokostshowet-pa-p5
e24-podden