The initiative showcases Kraken’s Wyoming roots and the increasing ties between crypto firms and policymakers.
Kraken’s decision to fund savings accounts for every child born in Wyoming this year is being viewed as the latest move aligning the exchange with the crypto-friendly Trump administration.
The cryptocurrency exchange currently ranks as the sixth largest globally by 24-hour trading volume, with about $1 billion traded over the past day – behind Binance, Bybit, OKX, Coinbase, and Bitget, according to CoinGecko.
Last week, Kraken said it would sponsor “Trump Accounts” for every child born in Wyoming in 2026, essentially pledging a financial contribution to each account as part of a savings program introduced by President…
