Kraken Secures Canada Dealer Registration

Kraken Secures Restricted Dealer Registration in Canada

• Kraken has completed the pre-registration undertaking (PRU) process to obtain a Restricted Dealer registration in Canada.
• This registration places Kraken under the oversight of the Ontario Securities Commission (OSC).
• Cynthia Del Pozo has been appointed as Kraken’s new General Manager for North America, focusing on growth in Canada.
• The exchange has doubled its team size and monthly active users over the past two years.
• Kraken now holds over $2 billion CAD in client assets under custody.

Kraken’s achievement of Restricted Dealer registration signifies compliance with Canadian regulations, enhancing its secure crypto offerings. Cynthia Del Pozo will lead expansion efforts, reinforcing Kraken’s presence and regulatory relationships in North America.