51 Insights

51 Insights

CEO Notes

The first crypto firm on Fedwire

Marc Baumann's avatar
Sangam Bharti's avatar
Marc Baumann and Sangam Bharti
Mar 11, 2026
∙ Paid

Hey, it’s Marc,

For 110 years, direct access to Fedwire was the exclusive privilege of chartered commercial banks.

Today, a crypto exchange broke that streak. Kraken Financial just became the first digital asset bank in U.S. history to receive a Federal Reserve master account.

The implications run far deeper than faster deposits. [RELEASE]

Let’s unpack.

👉…

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