Kraken Launches Flexline: Crypto Collateralized Loan Service for Professional Traders

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On-chain news: Kraken launched Flexline on February 25, 2026, a crypto-backed loan service for Pro traders. Flexline enables users to access liquidity without selling assets, using digital assets as collateral. Borrowing rates are fixed, and funds can be used on Kraken or transferred elsewhere. Collateral is held in a secure, segregated wallet and included in Kraken’s asset reserve proof system. Digital asset news highlights this new offering as a tool for traders seeking flexibility.

BlockBeats report: On February 25, the cryptocurrency exchange Kraken announced the launch of Flexline, a crypto asset-backed lending service that allows Kraken Pro traders to access liquidity without selling their holdings, using their existing digital assets as collateral. Flexline features fixed borrowing costs and transparent terms, enabling borrowed funds to be used internally on Kraken or withdrawn to other exchanges, protocols, or service providers. The collateral assets will be held in separate secure wallets and included in Kraken’s long-standing Proof of Reserves system.

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