Our world headquarters is now formally in Cheyenne, Wyoming, affirming our dedication to U.S.-based crypto innovation. Famend as a pioneer in crypto regulation, Wyoming is residence to many forward-thinking policymakers and entrepreneurs who acknowledge the unimaginable potential of the expertise.
Wyoming’s dedication to innovation is each seen and intensive. The state has enacted over 30 crypto-specific legal guidelines, starting from the formal recognition of digital belongings as property, to the institution of a devoted fintech sandbox, to protections towards compelled disclosure of personal keys.
This trail-blazing strategy to crypto regulation rapidly caught our consideration and put the Equality State on the map as a crypto hub.
These modern legal guidelines additionally impressed our early funding in Wyoming’s rising digital asset ecosystem. In 2021, to rejoice our tenth anniversary, we awarded a $300,000 grant to the College of Wyoming in assist of academic initiatives getting ready college students for the fast-growing crypto economic system.
Wyoming U.S. Senator Cynthia Lummis and Kraken co-CEO Arjun Sethi
We’ve got additionally sponsored the Wyoming Blockchain Stampede and Hackathon at UW, serving to flip the campus right into a hotbed of real-world crypto experimentation. These investments within the state crypto ecosystem have additional deepened our presence in Wyoming.
Constructing on that basis, final yr we co-hosted the first-ever Wyoming Blockchain Symposium in Jackson Gap. The occasion introduced collectively 250 main builders, traders, and policymakers to catalyze forward-thinking crypto regulation, foster institutional understanding of the asset class and create a extra decentralized monetary system.
Wyoming’s pro-crypto atmosphere made it a uniquely well-situated backdrop for these vital conversations.
Now, nearly 4 years after our preliminary curiosity in Wyoming, it’s time to additional deepen our native presence by setting down roots in Cheyenne. This transfer doesn’t change our globally distributed and remote-first workforce, it’s recognition of the pro-crypto policymakers and constructive rules which have made us really feel at residence.
From Senator Cynthia Lummis’ tireless advocacy on behalf of Bitcoin and the crypto business, to the quite a few state legal guidelines that drive accountable innovation, Wyoming has confirmed there is no such thing as a state higher fitted to Kraken’s headquarters.
“Wyoming has been on the forefront of digital asset coverage for almost a decade and has created the proper atmosphere for digital asset firms to thrive,” mentioned Lummis. “Kraken’s determination to relocate to the Equality State is a testomony to Wyoming’s forward-thinking strategy and reinforces Wyoming’s place as America’s premier crypto hub.”
Keep tuned as we proceed to innovate, evolve, and redefine the way forward for cash and finance, now from Cheyenne, Wyoming.
