Kraken becomes first crypto company to secure Fed master account access: WSJ

According to a report from the Wall Street Journal, Kraken has made history by becoming the first cryptocurrency company to gain access to a master account with the Federal Reserve, marking a significant milestone in the integration of digital currencies into the traditional banking system. This achievement could potentially pave the way for more cryptocurrency firms to establish direct relationships with central banking institutions and enhance their operational capabilities. source: https://www.coindesk.com/business/2026/03/04/kraken-becomes-first-crypto-company-to-secure-fed-master-account-access-wsj