While traditional banks have historically viewed crypto with skepticism, Kraken’s new API solution is changing the game. Through seamless integration, banks can now embed regulated crypto trading services directly into their existing platforms – without the headache of building everything from scratch. No crypto expertise needed. No complex infrastructure required. Just plug in and go.
Kraken’s API empowers traditional banks to join the crypto revolution without reinventing the wheel – seamless integration meets regulatory compliance.
The proof is in the pudding. Just look at bunq, a major neobank that’s already made it work. Through Kraken’s API, banks get instant access to over 370 digital assets and some of the deepest liquidity pools in crypto. Much like centralized exchanges, the platform provides robust order book systems for efficient trading. Real-time market data streams right to their fingertips. The platform offers 24/7/365 support to ensure seamless operations for institutional clients.
And the best part? It takes just weeks to implement, not months or years of development.
Security isn’t an afterthought either. Kraken’s reputation for rock-solid compliance speaks for itself. The API comes loaded with robust security features, including customizable permissions and optional two-factor authentication. Banks can sleep easy knowing they’re meeting regulatory requirements while their clients trade crypto through familiar interfaces.
Let’s talk efficiency. Banks can choose from REST, WebSocket, or FIX APIs – whatever suits their style. The system handles everything from trading to reporting, account management to reconciliation. It’s like having a crypto department without actually having one.
And fractional trading means even smaller investors can get in on the action.
The bottom line? Banks are finally getting what they need to enter the crypto space without breaking a sweat. Their customers get regulated access to digital assets through platforms they already trust. No more watching from the sidelines while fintech competitors steal their thunder.
With Kraken’s API, banks can tap into the massive crypto market while focusing on what they do best – banking. It’s about time someone made it this simple.
