Kraken now lets users stake Avalanche’s AVAX token, so eligible users can earn rewards directly on the exchange.
Kraken said users can pick from several staking options, like bonded staking with up to 10% APY or flexible staking with lower rewards. Kraken will take care of the technical side and validator operations for users.
Leaders from Kraken and Ava Labs said this partnership aims to make it easier for regular users to join Avalanche’s proof-of-stake system by removing technical hurdles.
This launch comes as more exchanges add staking and yield services to attract customers in a competitive crypto market. Kraken said the service will be available in several regions, including parts of the US, Europe, Canada, Australia, and the UAE.
This move comes after Kraken recently expanded in Dubai, where it got early approval from VARA to offer more financial services in the area.
BREAKING: $AVAX staking is now available on Kraken.
Eligible @krakenfx clients can now earn rewards on AVAX through multiple staking and earning options, without managing validator infrastructure themselves.
Built for access. Built for adoption. 🔺 https://t.co/xyYH4QVUsD
— Avalanche🔺 (@avax) May 21, 2026
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