Kraken

Kraken is a prominent cryptocurrency exchange based in the United States, founded in 2011 and legally known as Payward, Inc. It is recognized as one of the oldest and largest Bitcoin exchanges globally, known for its strong security measures and a wide range of supported cryptocurrencies. Kraken's mission is to accelerate global crypto adoption to promote financial freedom and inclusion. The platform facilitates cryptocurrency trading, supporting 268 tokens and transactions in seven fiat currencies. It caters primarily to serious investors and repeat traders, offering advanced trading tools such as margin trading, futures, and subscription-based services that include enhanced analytics and reduced fees. Kraken also provides staking services, allowing users to earn rewards through blockchain validation. The company emphasizes security with features like two-factor authentication, encrypted communications, and suspicious activity monitoring, maintaining a reputation for robust security and compliance.

Financial Services Cheyenne, United States Founded 2011 ~2,300 employees Private · Venture

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Employees
2,300
Revenue / employee
$696K
Revenue ~$1.6B
Total funding
$1.3B
Last round Venture, Nov 2025
H1B filings, FY2026
6
Sponsors visas
Open jobs
63
Last 30 days

Salaries at Kraken

All salaries

24 salary profiles in the US

Most reported roles

Pay by level, gender and ethnicity

Layoffs

Details

150 roles cut in the last 12 months.

  • May 2026 · 150 roles · San Francisco, United States
  • Oct 2024 · 400 roles (~15%) · San Francisco, United States

See companies that haven't had layoffs

Funding

  • Nov 2025 · Venture · $800M · DRW Venture Capital, Jane Street Capital, Oppenheimer
  • Apr 2025 · $400M
  • Feb 2022 · Venture · SBX Capital, Venture Garage, Skyvision Capital
  • Apr 2021 · Venture · RIT Capital Partners
  • Jul 2019 · $14M
  • Jun 2019 · Equity Crowdfunding · $13.5M · Bnk To The Future
  • Feb 2019 · Series C · $100M · Hummingbird Ventures, Digital Currency Group
  • Jan 2016 · Series B · SBI Investment
  • Jan 2016 · Acquired · kraken
  • Oct 2014 · Venture · $1.3M
  • Mar 2014 · Series A · $5M · Trammell Ventures, Jimmy Furland, Pamir Gelenbe
  • Apr 2013 · Seed · $500K · Tribeca Venture Partners, Digital Currency Group
  • Mar 2012 · Series A · $5M
  • Jul 2011 · Seed · $1.5M · Blockchain Capital, Roger Ver, Jesse Powell

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Kraken FAQ

How many employees does Kraken have?

Kraken has about 2,300 employees (as of Mar 2026).

Does Kraken sponsor H1B visas?

Yes. Kraken filed 6 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.

Has Kraken had layoffs in 2026?

Yes. Kraken has reported 150 layoffs in 2026, most recently on May 15, 2026.

What is Kraken's revenue per employee?

Kraken makes about $696K in revenue per employee, based on $1.6B annual revenue and 2,300 employees.

How much does Kraken pay?

6figr has 24 salary profiles for Kraken in the US, with pay broken down by role, level, gender and ethnicity on the Kraken salaries page. See Kraken salaries

How much funding has Kraken raised?

Kraken has raised $1.34B in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.