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Kraken Partners With MoneyGram for Global Crypto-to-Cash Withdrawals, Says IPO Is “80% Ready”

Kraken Partners With MoneyGram for Global Crypto-to-Cash Withdrawals, Says IPO Is “80% Ready”

Kraken’s MoneyGram partnership brings crypto-to-cash withdrawals to 500,000 locations in 100+ countries, while co-CEO Arjun Sethi signals the exchange is nearly ready to go public.

Posted May 6, 2026 at 4:46 am EST.

Kraken and MoneyGram announced a strategic global partnership on Tuesday that will allow Kraken customers to convert cryptocurrency into cash across more than 100 countries, using MoneyGram’s network of nearly 500,000 retail locations spanning roughly 200 countries and territories. The service supports withdrawals in hundreds of fiat currencies.

Under the arrangement, Kraken handles customer onboarding…

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