Kraken

Bitcoin has reached a significant milestone with only 1 million BTC remaining to be mined out of its 21 million total supply. **Key Details:** - Approximately 20 million BTC have now been mined - This represents 95% of Bitcoin's maximum supply - The remaining 1 million BTC will be mined gradually over the next century due to Bitcoin's halving mechanism **Kraken Promotion:** To commemorate this milestone, Kraken is running a sweepstakes: - Grand prize: 1 BTC - Additional prizes for 105 other winners - Entry period: March 11 - April 13, 2026 - Entry method: Every $1 traded = 1 entry [Full details and terms](https://app.kraken.com/JDNW/btcsweeps)

**Magna Digital** has announced a partnership with **Kraken** to power their exclusive networking events during conference weeks. **Key Details:** - The Friends of Magna gathering will take place in **Cannes during ETHCC** - Event brings together founders, operators, and investors from across the industry - Applications are now open for attendance The collaboration maintains Magna's reputation for high-quality networking while expanding reach through Kraken's infrastructure and community. [Apply to attend](https://luma.com/yo1p3vxc)

Bitcoin has reached a significant milestone with its 20 millionth coin now mined, representing over 95% of the cryptocurrency's total supply of 21 million coins. **Key Points:** - Only 1 million BTC remains to be mined over the coming decades - The protocol has remained unchanged despite government pressures, market crashes, and economic crises - Bitcoin's fixed supply cap of 21 million coins is hardcoded and cannot be altered This milestone demonstrates Bitcoin's resilience as a decentralized monetary system. The predetermined supply schedule has functioned exactly as designed since the network's launch in 2009, with no central authority able to modify the issuance rate or total cap. The remaining coins will be gradually released through mining rewards until approximately 2140, when the final satoshi is expected to be mined. [Read the full analysis](https://blog.kraken.com/news/industry-news/20-million-bitcoins-mined)

**Traditional finance meets blockchain**: Nasdaq has partnered with xStocksFi to bring tokenized stocks directly to crypto users. **Key features**: - Access to major stocks like Apple, Nvidia, Tesla, and Amazon - No traditional brokerage required - 1:1 backing with traditional finance liquidity - Lower fees than conventional trading - Direct trading from stablecoins **What this means**: The partnership represents a significant shift in how traditional assets can be accessed, removing barriers between crypto and stock markets. Users can now trade tokenized versions of major stocks with the same liquidity as traditional markets. This development signals the growing convergence of traditional finance (TradFi) and decentralized finance, making stock trading more accessible to crypto-native users.

**Historic Milestone for Crypto Banking** Kraken Financial has been granted a Federal Reserve master account, marking a significant first for the digital asset industry. This approval gives Kraken direct access to the U.S. payments system, bridging crypto infrastructure with traditional financial rails. **Key Developments:** - First digital asset bank to receive Fed master account access - Direct connection to core U.S. payment systems - Major step in integrating crypto with traditional finance **Additional Platform Updates:** - xStocksFi launched xChange for onchain equity trading - U.S. stocks and ETFs now available on Kraken Desktop - xStocksFi recently surpassed $25B in total transaction volume This regulatory approval represents a pivotal moment in legitimizing crypto banking within the traditional financial system.

**Major crypto developments this week:** - **Bitcoin supply milestone**: After 17 years, BTC has reached a critical point with only 1 million coins remaining to be mined out of its 21 million total supply cap. - **Polkadot ($DOT)**: Experienced a halving event followed by a 40% price surge in a single day. - **Solana ($SOL)**: Network upgrades are set to increase transaction speeds by 80x. **What this means**: Bitcoin's diminishing supply could impact future price dynamics as scarcity increases. Historical halving events have shown decreasing returns (100x in 2012, 30x in 2016, 8x in 2020, 1.5x in 2024), raising questions about future price trajectories as the final million coins are gradually mined over the coming years.

**Tokenized equities are creating new access points to US capital markets for international investors.** - Kraken's VP of Consumer Products will discuss how tokenization is changing global investing at an upcoming event - The development follows significant trading activity in tokenized assets, with Ondo Global Markets processing tens of millions in volume - Recent trades included $2M in tokenized Google and Broadcom shares, plus $1M in tokenized silver This infrastructure allows investors outside the US to participate in American equity markets through blockchain-based tokens representing traditional securities.

Kraken has published the second part of its pre-TGE (Token Generation Event) playbook, focusing on launch coordination through its Kraken 360 platform. **Key aspects covered:** - Custody management - Security audits - Communications strategy - Token management The guide emphasizes that these elements operate in parallel rather than sequentially, with any single misstep potentially destabilizing an entire token launch. Read the full playbook: [Kraken 360 Pre-TGE Playbook Part 2](https://blog.kraken.com/product/360/pre-tge-playbook-part-2)

Kraken Financial has secured a **Federal Reserve master account**, marking a significant milestone as the first digital asset bank with direct access to the U.S. payments system. **Key Development:** - Direct connection to Federal Reserve payment rails - First crypto-native institution to achieve this status - Bridges digital assets with traditional financial infrastructure This follows the Federal Reserve's April 2025 withdrawal of restrictive crypto guidelines for banks, which opened the door for Bitcoin-based services like checking accounts and crypto-backed loans in traditional banking. The master account grants Kraken Financial the ability to settle transactions directly through the Federal Reserve, eliminating intermediary banks and potentially reducing costs and settlement times for customers. [Read the full announcement](https://blog.kraken.com/news/federal-reserve-master-account)

**Kraken adds $ZAMA to its listing roadmap**, marking a significant step for blockchain privacy technology. **What is ZAMA?** - Confidentiality layer for public blockchains like Ethereum and Solana - Uses Fully Homomorphic Encryption (FHE) technology - Enables compliant privacy for onchain finance **The Privacy Problem** ZAMA addresses blockchain transparency as a vulnerability rather than a feature, bringing encrypted computation to public chains. **Recent Developments** - KuCoin previously featured ZAMA through a Dutch-style bidding mechanism - Fair price discovery with anti-whale protections - Market-driven approach with up to 10 strategic bids per participant *Geographic restrictions may apply for Kraken listings* [View Kraken's full roadmap](https://kraken.com/listings)