This commitment reflects our belief that the United States should continue modernizing financial services by expanding access, strengthening participation, and giving more Americans a simple pathway to benefit from long-term compounding.
Kraken Co-CEO Arjun Sethi: “This is not a gift. It is an investment in Wyoming’s future. We chose Wyoming as our global headquarters because it leads the country in thoughtful crypto innovation and regulation. When a state creates the right environment for builders, it deserves long term commitment in return.”
“By seeding accounts for every newborn in 2026, we are backing families from day one and reinforcing Wyoming’s role as America’s home for responsible crypto leadership.”
U.S. Senator for Wyoming Cynthia Lummis: “I am so thrilled Kraken is giving back to Wyoming in such a meaningful way by sponsoring Trump accounts for every child born in Wyoming in 2026. This investment in the next generation will ensure children in Wyoming have a financial head start. I’m grateful to Kraken for their commitment to Wyoming’s next generation and to the Cowboy State’s economic future.”
Wyoming has long been at the forefront of cryptocurrency-friendly policy, from chartering Kraken Financial as the nation’s first Special Purpose Depository Institution (SPDI) to launching the Frontier Stable Token (FRNT).
Kraken’s deep roots in the state – including choosing Cheyenne for its headquarters, support for the University of Wyoming’s blockchain programs, and partnerships with local initiatives – make this program a natural extension of its commitment to the Cowboy State.
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