Kraken Relaunches Staking for U.S. Customers

After nearly two years, Kraken has reintroduced staking for U.S. customers, marking a significant return for the exchange following its SEC settlement in 2023.

The San Francisco-based crypto exchange announced on Thursday that American clients in 37 states and two territories can now stake their digital assets via Kraken Pro.

“The staking product that we launched is distinct from the one we settled with the SEC in February 2023,” a Kraken spokesperson told Decrypt.
“Kraken is providing mere administrative support for staking on the blockchain by connecting client tokens to the network.”

How Kraken’s New Staking Works

The revamped staking service offers bonded staking, meaning that assets are locked up for a specific period to support blockchain networks. Users who stake receive rewards for securing proof-of-stake networks, including:

• Ethereum (ETH)
• Cardano (ADA)
• Solana (SOL)
• Polkadot (DOT)

Mark Greenberg, Kraken’s Global Head of Consumer, emphasized the platform’s commitment to staking:

“We are excited to bring back a brand new product enabling U.S. clients to resume staking with Kraken and play a significant role in bolstering the underlying security of blockchain networks.”

A Regulatory Shift Under Trump

Kraken’s previous staking service ran into major regulatory hurdles when the Securities and Exchange Commission (SEC) fined the exchange $30 million and forced it to halt its staking offering in February 2023.

Under former SEC Chair Gary Gensler, the regulator accused Kraken of profiting from staking unregistered securities.

However, the regulatory landscape has changed following the election of President Donald Trump in November. The new crypto-friendly SEC Chairman, Paul Atkins, has signaled a more favorable stance toward digital asset innovation.

With these shifts, Kraken’s return to staking represents a major win for U.S. crypto users, as staking remains a key feature for blockchain security and passive income generation.

What’s Next for Kraken?

With staking back on Kraken Pro, more states could approve participation in the coming months. The move also signals broader changes in U.S. crypto regulation, with exchanges and institutional players gaining more flexibility under the new administration.

As staking continues to be an essential part of blockchain networks, Kraken’s relaunch sets a precedent for other U.S.-based exchanges looking to reintroduce similar services.

For now, bonded staking is live, and U.S. customers can once again earn rewards while supporting their favorite networks.