Kraken will allow customers to convert cryptocurrency into cash at MoneyGram locations across more than 100 countries, addressing a longstanding gap in the digital asset ecosystem, according to an exclusive report from Fortune.

The partnership gives Kraken users access to nearly 500,000 physical locations worldwide, where they can exchange crypto holdings for local currency. The move targets a key friction point in crypto markets: while digital transfers settle with speed, converting assets into cash often involves multiple steps, limited banking access, or delays.

The initiative reflects rising demand for reliable cash access, driven in part by Kraken’s expanding presence in…

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