Kraken and SoFi Bridge Traditional Finance with SEN Integration

Kraken has partnered with SoFi to bridge the gap between traditional finance and cryptocurrency markets through SEN (SoFi Exchange Network) integration.

The partnership enables institutional clients of Kraken to access 24/7 dollar settlements, expanding on the existing infrastructure that operates within restricted time windows.

This integration addresses a fundamental structural gap between digital assets and fiat payment banking systems. By leveraging this partnership, Kraken can bridge this gap without having to build a parallel dollar settlement system from scratch.