Kraken Relaunches Crypto Staking in the US, Expanding Access to 37 States

Description

Kraken is bringing back crypto staking to the United States with a new product available in 37 states and two territories. Starting January 30th, eligible users can stake select cryptocurrencies through Kraken Pro. This involves bonded staking, where assets are locked to a network for a set period. Kraken delegates these assets to validators, who verify transactions and produce blocks. Rewards are then passed back to users after fees. The service will support 17 assets, including Ethereum (ETH),...