LIVE
MARKET CAP$2.31T-3.49%
24H VOL$135.86B+154.12%
EXCHANGES1,468
BTC DOMINANCE56.2%
ETH DOMINANCE9.8%
TOP ALTXRP (3.6%)
HomeThe Defiant

Kraken’s Sponsorship of ‘Trump Accounts’ Highlights Crypto’s Growing Political Footprint

Market SentimentInstitutional Activity
February 23, 2026
1 min read
Kraken’s Sponsorship of ‘Trump Accounts’ Highlights Crypto’s Growing Political Footprint

Kraken’s decision to fund savings accounts for every child born in Wyoming this year is being viewed as the latest move aligning the exchange with the crypto-friendly Trump administration.

The cryptocurrency exchange currently ranks as the sixth largest globally by 24-hour trading volume, with about $1 billion traded over the past day – behind Binance, Bybit, OKX, Coinbase, and Bitget, according to CoinGecko.

Last week, Kraken said it would sponsor “Trump Accounts” for every child born in Wyoming in 2026, essentially pledging a financial contribution to each account as part of a savings program introduced by President Donald Trump.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

RELATED TOPICS

KrakenWyoming crypto savingsTrump initiativehigh trading volumecryptocurrency exchangechild savings accountscrypto policytrading volumecryptocurrency adoptionfederal partnership

Market Overview

BitcoinBitcoin
64,842.02-4.141%
EthereumEthereum
1,864.99-4.741%
Binance CoinBinance Coin
598.15-2.708%
CardanoCardano
0.2642-2.760%
RippleRipple
1.3619-2.247%

Subscribe to Updates

Get the latest cryptocurrency news and insights delivered directly to your inbox.