Ethena selects Kraken for crypto custody

7th January, 2026

Aravind Bulusu
Cryptocurrencies GIG

The US-based cryptocurrency exchange said its custody solution, Kraken Custody, has been approved by the Ethena Risk Committee (ERC) to support custody of backing assets for Ethena Labs' synthetic dollar USDe.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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