LATEST: Kraken Launches Self-Custodial Mobile Wallet with Open-Source Accessibility

Kraken, a leading cryptocurrency exchange, has announced the release of its new self-custodial mobile wallet, Kraken Wallet. This innovative app supports management of NFTs, tokens, and DeFi positions across multiple blockchains including Bitcoin, Ethereum, and Solana. The wallet is designed to connect seamlessly with popular decentralized applications and offers continuous customer support. Emphasizing user privacy, Kraken Wallet collects minimal customer data and does not store sign-in details, email addresses, or KYC information, further safeguarding user anonymity by masking IP addresses.

Further enhancing the security and transparency of Kraken Wallet, Kraken has made its code publicly available on GitHub, inviting third-party audits to bolster the wallet’s security architecture. Despite operating as a hot wallet, which typically involves greater exposure to security risks due to the necessity of internet connectivity for transaction signing, Kraken remains committed to prioritizing user control, security, and transparency. This approach marks a significant step in empowering users by providing a robust tool for managing their digital assets independently.


90.9K Reads