We are delighted to announce that Kraken ranked n ° 2 around the world In the ranking of Kaiko T2 2025 exchanges, upon our place n ° 3 in the first quarter.
This advance reflects what our world community already knows: we are not only one of the main exchanges of cryptography in the world, We are a platform that is constantly improving, evolves and advances industry.
The classification of Kaiko’s exchanges is among the most rigorous in space, offering an assessment based on data on several basic dimensions, in particular Market quality, legal and regulatory compliance, safety practices and transparency standards.
Kraken worked well in all these categories, with particularly solid marks in depth of market, in coherence of command notebooks, in regulatory imprint and the opening of data. This report highlights not only where we are today, but on how our long-term strategy continues to deliver for traders, institutions and crypto-native manufacturers.
First of all, who is Kaiko?
Kaiko is one of the main providers of data, analyzes and indications of the cryptocurrency market, offering companies institutional quality solutions and in accordance with regulations. These solutions are used by the Kaiko indices to carry out its quarterly assessment independent of the exchanges of punctual cryptocurrency, classifying them according to various factors, in particular liquidity.
Here is a breakdown of the reason why Kraken was classified n ° 2 Global Exchange by Kaiko.
Always excellent and only improves
From the first day, Kraken was built for a clear purpose: accelerating the global adoption of cryptocurrency while increasing the bar of trust, reliability and service in the industry. Being recognized as the world exchange n ° 2 of Kaiko is a validation of this mission.
But it is not a victory tour. This is an important step in a much longer trip.
What distinguishes Kraken is not only a force is a lot, including the performance of our products, risk management and customer -based culture.
Let’s take a closer look at how our values align with the criteria that Kaiko evaluates:
🧩 Market quality: deep liquidity, tight deviations, real volume
In the category of market qualityKaiko assesses how the exchanges take care of the discovery of prices, reduce the shift and maintain liquid books through pairs and time zones.
At Kraken, we have built one of the deepest and most stable liquidity pools in crypto. Our professional quality infrastructure manages billions of dollars in daily volume, with Ultra-fast execution and minimum stoppage time. We support the types of advanced orders and provide deep books on the markets, margins and derivatives – while maintaining coherent and weak differences.
Customers, retail merchants to institutions, count on Kraken because we provide Real market depth (not inflated with measurements). Our volume is real, our differences are competitive and our availability is world class.
🛡️ Safety and conformity: always ahead of the curve
We have long set the reference to Safety and conformity in cryptolargely because of our Multiple licenses and registrations on the world marketOUR Solid operational operation and our Continuous investment in compliance and customer protection.
Kaiko’s ranking includes both regulatory posture And Safety checks. We treat regulations as a path to legitimacy, not as a burden. We are registered in several major jurisdictions, including the United States, the United Kingdom, the EU, Canada, Australia and beyond.
OUR Client fund guarantees,, storage protocols And regular penetration tests Make sure we meet (and often exceed) institutional security expectations. This is why Kraken is reliable by governments, hedge funds, asset managers and high volume traders in the world.
🔍 Transparency: clear data, real measures, honest communication
Kaiko also weighs Data opening and transparency – Values woven in Kraken DNA. We publish Real -time market dataHistorical flows, proof of attracts reservations and access to light APIs on all products.
When others can obscure the volume, mislead with synthetic measurements or delay disclosure, Kraken believes in the default opening. We support our claims with verifiable facts – and in crypto, that’s all.
We are also One of the first major exchanges to support regular third -party auditsallowing customers to check independently that their assets are supported 1: 1. Transparency is not only a functionality. It is a responsibility that we adopted from the first day.
🚀 Momentum that counts
While we are honored to hold position n ° 2 on a global scale, which excites us the most is the direction we direct. In the fourth quarter of 2024, Kraken was in the top five. In the first quarter of 2025, we went to number 3. Now, in the second quarter, we have increased again – and we do not slow down.
This kind of sustained momentum is only possible because of the unshakable concentration of the Kraken team:
- Innovation with the customerFrom UX intuitive to advanced trading features
- Resilience and security At each layer of the battery
- Global expansion with regulatory alignment
- Open and honest commitment With our users and the wider ecosystem
We are proud to build a platform that supports the future of finance – the next billion people entering crypto.
Long -term
The increase in Kraken in the Kaiko ranking is the result of years of targeted effort, decisions focused on values and community trust. But our work is not over. We will continue to innovate, listen and direct with integrity.
Whether you are a new trader or an experienced institution, we are committed to giving you the tools, security and transparency you need to prosper in crypto. THANKS To our customers, our partners and the Kraken team for helping us reach this stage. We are proud to be n ° 2 – and more motivated than ever to build what comes next.


