Kraken's parent company, Payward Ltd, operates through a complex corporate structure designed to navigate the regulatory landscape of cryptocurrency trading.
The company has established subsidiaries in various regions, including the US, Europe, and Australia, to comply with local regulations. This multi-jurisdictional approach allows Kraken to serve customers globally while maintaining compliance with regional financial regulations.
Payward Ltd's corporate structure includes multiple subsidiary entities, each registered under specific regulatory bodies such as FinCEN in the US and various European authorities. These subsidiaries enable Kraken to offer a range of services, including spot trading, futures, and derivatives, across different jurisdictions.