Kraken launches Kraken Borrow with 3x buying power for US users

Kraken has introduced Kraken Borrow for US customers, letting eligible clients buy up to 3x the value of their eligible assets, with cash used first and borrowing covering the rest in a single-price, single-confirmation flow. There's no repayment deadline and no minimum payment — customers can repay whenever they're ready, with all costs shown before purchase.

• Based on the assets users already hold, the feature gives qualifying customers borrowing-backed buying power on top of their own balance
• Kraken is promoting the feature across its channels, pointing eligible US clients to check their buying power in the app
• Kraken frames Borrow as flexible credit rather than a fixed repayment schedule; it's currently available to US users on eligible assets