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 picked due to 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 aimed at American children under the age of 18. 

The move was first announced by Wyoming Senator Cynthia Lummis on Monday, with the Republican official stating that Kraken would provide funding toward all Trump Accounts created for newborns in the state of Wyoming. 

“Grateful to Kraken for their commitment to Wyoming’s next generation and to the Cowboy State’s economic future,” she said. 

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