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WASHINGTON - Cryptocurrency exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more ...

Kraken is taking on PayPal, Venmo, and Revolut with Krak—a new app for global payments and remittances, launching ahead of its IPO.

News National business Crypto platform Kraken plans to launch competitor to Venmo, block’s Cash App June 26, 2025 Updated Thu., June 26, 2025 at 11:56 a.m.

Kraken debuts ‘Krak’ peer-to-peer payment system for crypto, fiat transactions Kraken’s new “Krak” system will compete against other money-transmitting apps such as Cash App and Venmo.