Kraken sponsors Trump Accounts in Wyoming, citing crypto alignment
The Wyoming-based crypto exchange said it wanted to give back to the state it calls home, which it chose for its “responsible” approach to crypto regulation.
Crypto exchange Kraken has become the latest company to heed calls from US President Donald Trump to support his “Trump Accounts,” a savings plan for American children under 18.
The move was first announced by Wyoming Senator Cynthia Lummis on Monday, with the Republican official stating that Kraken would provide funding to all Trump Accounts created for newborns in Wyoming.
“Grateful to Kraken for their commitment to Wyoming’s next generation and to the Cowboy State’s economic future,” she said.