Your salary account. Your Romanian IBAN. Your money, earning from Day One.

Kraken announces ‘Krak’ — a German virtual IBAN on SEPA rails targeting select EU markets (including Romania) with pay-rail compatibility and same-day EUR transfers. The product bundles a 1% Salary Match (capped at €250/month, €3,000/year), 2% cashback on all purchases (paid in EUR or BTC), and Vaults offering up to 8% APY on USD. These features are designed to boost fiat on‑ramps, increase deposit balances and recurring inflows from payroll, and encourage holding/spending in crypto (BTC cashback), which could lift exchange activity and short-term asset flows onto Kraken’s platforms. Geo, eligibility, and promotional limits apply; promotional Salary Match rate guaranteed only until 01/05/26. Overall market impact: likely incremental retail inflows and stronger fiat-to-crypto rails in the covered jurisdictions.