Kraken's on-chain product lead subugatai has published a 'Kraken Wallet Manifesto,' revealing that the iOS version of the wallet is now available for download and the Android release is scheduled for next week. The manifesto also previews a forthcoming 'Kraken co-signer multi-sig' feature. This design lets users split their private key into multiple shards, with one shard placed in Kraken's custody. That shard participates in signing only after the user completes two-factor authentication (2FA) through their Kraken account. The manifesto also stressed that the wallet charges a 0.1% fee. The wallet supports a range of account types, including EOA, 7702 smart accounts, and embedded wallets, and users are free to choose which account model to use. It can connect to existing hardware signers or multi-sig wallets, and it enables different wallet types to be assigned to funds with different risk profiles. In its roadmap, the wallet will support xStocks trading, conversion between stablecoins and fiat, non-custodial debit cards, K-Assets on-chain via qualified custody, and native integration with the Ink ecosystem.
Kraken on-chain product lead subugatai has put out the "Kraken Wallet Manifesto," saying the iOS app can now be downloaded and the Android version is due next week. And the manifesto also gives a first look at the coming "Kraken co-signer multi-sig" feature.
Co-Signer Multi-Sig on Kraken Wallet
The manifesto says the co-signer multi-sig feature lets users break a private key into multiple shards. One shard stays with Kraken, and Kraken joins the signing process after the user completes two-factor authentication (2FA) through their Kraken account.
Fees and Account Types
The manifesto says the wallet charges a 0.1% fee. It works with several account types: EOA, 7702 smart accounts, and embedded wallets. Users can pick the account setup they want, and they can connect existing hardware signers or multi-sig wallets too. Short version: the wallet also lets users manage funds with different risk levels through separate wallet types.
Roadmap: xStocks, Fiat Conversions, Debit Cards, and Ink
The plan is for the wallet to support xStocks trading, stablecoin-to-fiat exchange, non-custodial debit cards, K-Assets on-chain generated through qualified custody, and native integration with the Ink ecosystem.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
