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 dwelling to many forward-thinking policymakers and entrepreneurs who acknowledge the unbelievable potential of the know-how.
Wyoming’s dedication to innovation is each seen and in depth. The state has enacted over 30 crypto-specific legal guidelines, starting from the formal recognition of digital property as property, to the institution of a devoted fintech sandbox, to protections in opposition to compelled disclosure of personal keys.
This trail-blazing method to crypto regulation shortly caught our consideration and put the Equality State on the map as a crypto hub.
These revolutionary legal guidelines additionally impressed our early funding in Wyoming’s rising digital asset ecosystem. In 2021, to have a good time our tenth anniversary, we awarded a $300,000 grant to the College of Wyoming in help of academic initiatives making ready college students for the fast-growing crypto financial system.
Wyoming U.S. Senator Cynthia Lummis and Kraken co-CEO Arjun Sethi
We have now 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 surroundings made it a uniquely well-situated backdrop for these vital conversations.
Now, virtually 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 laws which have made us really feel at dwelling.
From Senator Cynthia Lummis’ tireless advocacy on behalf of Bitcoin and the crypto trade, to the quite a few state legal guidelines that drive accountable innovation, Wyoming has confirmed there isn’t a state higher suited to Kraken’s headquarters.
“Wyoming has been on the forefront of digital asset coverage for almost a decade and has created the proper surroundings for digital asset corporations to thrive,” mentioned Lummis. “Kraken’s resolution to relocate to the Equality State is a testomony to Wyoming’s forward-thinking method 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.
