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Krak is a blockchain-integrated global payments app that allows users to send crypto, stablecoins and fiat currencies using over 300 supported assets, without requiring bank accounts or wallet addresses
Kraken launched Krak, a peer-to-peer payments app that enables global fiat and crypto transfers and is positioned to compete directly with major payment platforms including PayPal, Venmo and Cash App
Kraken, founded in 2011, is one of the longest-operating global cryptocurrency exchanges, offering trading in hundreds of digital assets.
Kraken’s launch of the Krak payments app is part of its broader growth strategy to expand beyond crypto trading and comes ahead of a potential initial public offering planned for 2026

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