Kraken Unveils Flexline, a Crypto-Backed Loan Product with Predictable Leverage

Kraken, a leading cryptocurrency exchange, has launched Flexline, a new lending product that enables users to obtain loans backed by their digital assets under fixed interest terms.

The service allows clients to use cryptocurrency held on the exchange as collateral to receive loan proceeds in digital assets or stablecoins. The funds can be applied immediately for trading activity or transferred outside the platform, subject to applicable withdrawal limits.

Loan agreements are available with maturities ranging from two days to two years, and annualized borrowing costs are set within a fixed range of approximately 10 to 25%, depending on the selected term.

The company emphasizes that Flexline is not intended to replace margin trading, but rather offers an alternative for clients seeking predictable financing costs and greater control over leverage while maintaining long-term exposure to their digital assets.