Kraken Exchange Marks 15 Years of Survival in Volatile Crypto Market
The Kraken exchange has just celebrated its 15-year anniversary and continues to thrive in an industry known for fleeting exchanges. The company was founded on July 28, 2011, by Jesse Powell and Thanh Luu, with a mission to create the most secure and reliable crypto exchange worldwide.
Powell's experience helping Mt. Gox recover from a major hack in Tokyo influenced Kraken's focus on security. Today, the platform serves millions of clients across more than 190 countries, offering spot trading, staking, margin trading, and stock and ETF trading for eligible US users.
Kraken's core architecture emphasizes shared systems, unified liquidity, centralized risk management, and a global compliance framework. This setup allows the exchange to support multiple asset types and client groups on one base system.