Kraken expanded its providers with the activation of native fee rails in Colombia. The transfer will permit prospects to instantly deposit Colombian pesos utilizing home fee strategies. Deposits are routinely transformed to USD at a clear change charge, eliminating the necessity for worldwide wire transfers.
The corporate can also be increasing its providers in Europe. Kraken at present operates in all 30 European Financial Space international locations beneath a crypto asset market license. Kraken’s MiCA regulated entity is licensed by the Central Financial institution of Eire and at present serves EEA prospects instantly.
“Colombia is among the most dynamic crypto markets in Latin America, with a big digitally-enthusiast inhabitants and a rising urge for food for decentralized monetary instruments,” mentioned Mark Greenberg, Kraken World Shopper Director. “This integration is a crucial step in offering Colombian prospects with a extra accessible and safe entry level to the worldwide crypto economic system.”
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Cryptocurrency adoption in Colombia is steadily rising attributable to elevated monetary digitization, curiosity in stablecoins, and demand for cross-border remittances. Kraken mentioned the native monetary assist is aimed toward lowering onboarding friction and offering agency-level infrastructure.
Kraken expands entry in Colombia with native fee integration https://t.co/oaYeZXPXbg
— Crypto Brothers (@LosKruptos) December 4, 2025
Crypto providers increase throughout Latin America
The corporate’s growth in Colombia is a part of a broader technique in Latin America. Kraken has already put in fundamental infrastructure in Argentina and Mexico with the purpose of increasing its presence within the area.
Clients in Colombia now have entry to native COP fee rails, over 500 digital property and international liquidity, aggressive international change charges, and 24/7 assist. Kraken mentioned the rollout is designed to serve a variety of customers, from first-time individuals to superior merchants.
Tokenized shares now commerce 24 hours a day
Kraken permits 24/7 buying and selling of tokenized shares, increasing the scope of “xStocks” from a 24/7 schedule to every week. The preliminary rollout consists of 10 standard shares reminiscent of TSLAx, SPYx, and NVDAx.
Every token is totally backed by its underlying property. The characteristic is obtainable in additional than 160 international locations throughout a number of blockchains, permits skilled merchants to answer international occasions outdoors of conventional market hours, and displays broader efforts to use crypto infrastructure to capital markets.
