BTCC
/
BTCC Square
/
Blockworks
/
Kraken Charges Into TradFi-Crypto Bridge Race—Wall Street Still Doesn’t Get It
Kraken Charges Into TradFi-Crypto Bridge Race—Wall Street Still Doesn’t Get It
12
1
Another day, another exchange trying to convince legacy finance that crypto isn’t just digital Beanie Babies. Kraken’s latest move throws gasoline on the institutional adoption fire—just don’t ask their risk managers about 2022.
The bridge play: While banks still debate whether blockchain is a spreadsheet or a scam, crypto natives are building the on-ramps for them. Kraken’s joining the fray with infrastructure that’d make a quant sweat—assuming they can look up from their Excel macros.
The cynical take: Nothing unites TradFi and crypto like the smell of fresh fees. Whether this bridge carries actual assets or just hype remains to be seen—but the toll booths are already operational.
By:
