Markets Outlook

Kraken secures access to a Fed master account. What does it mean for crypto?

Kraken has become the first crypto-native company to secure direct access to the Federal Reserve’s payment systems. In today's Markets Outlook Jonathan Jachym, Kraken’s Global Head of Policy and Government Relations, joins CoinDesk's Jennifer Sanasie to discuss the years-long journey to this milestone and what it means for the future of U.S. dollar settlement and institutional crypto adoption. Plus, Kraken's response to President Trump’s recent calls for the Senate to pass the CLARITY Act and stop banks from "undercutting" American innovation.

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Timecodes:

01:03 - Inside Kraken’s Historic Fed Approval02:27 - The Four-Year Regulatory Journey04:40 - Bypassing Banks to Make Transfers Faster and Safer06:15 - Why Kraken Won Where Others Failed08:16 - Response to Pushback from Banks on Fed Master Accounts10:16 - Trump’s CLARITY Act Push vs. The Banks

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This episode was hosted by Jennifer Sanasie.

Unpacking Q4 crypto equities earnings with Benchmark-StoneX Analyst Mark Palmer.

Benchmark-StoneX Senior Equity Research Analyst Mark Palmer joins CoinDesk's Jennifer Sanasie on today's Markets Outlook to break down Q4 earnings and the structural shifts happening across the crypto equity landscape. He discusses how the potential enactment of the Clarity Act could trigger an influx of institutional capital and why Coinbase’s Base protocol is a massive hidden driver for shareholders.

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Timecodes:

01:11 - Digging Below the Surface of a Rough Q402:27 - Is Crypto Legislation on the Back Burner In Light of Geopolitical Events?04:45 - What's Next: Strategy's New Fundraising Pivot & Base as the Next Big Driver05:56 - The Carnival Ticket Analogy: How Protocol Tokens Actually Work

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This episode was hosted by Jennifer Sanasie.

Unveiling Coinbase's "Everything Exchange" with Head of Consumer and Platform BD Mark Troianovski.

In today's Markets Outlook, Coinbase Head of Consumer and Platform Business Development Mark Troianovski joins CoinDesk's Jennifer Sanasie to unveil the platform's massive expansion into 24/5 stock and ETF trading for US users. He breaks down the vision for an "everything exchange" that blends crypto, equities, and prediction markets.

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Timecodes:

01:10 - Coinbase Launches Stock Trading to U.S. Customers02:40 - Coinbase's Partnership with Yahoo! Finance and Integration03:55 - Will AI Agents Trade Stocks and Crypto for You?05:14 - Competing with TradFi Exchanges and Coinbase's "Sweet Spot"07:21 - Is Coinbase the Next "Everything App" for Finance?s

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This episode was hosted by Jennifer Sanasie.

Kraken’s Mark Greenberg joins CoinDesk Live to announce a $20 billion milestone in tokenized equity volume and explain how xStocks is dismantling the traditional brokerage model through 24/7 fractional trading.

Mark Greenberg, Kraken’s VP of xStocks and Global Head of Consumer, joins CoinDesk Live at Consensus Hong Kong to announce a $20 billion milestone in tokenized equity volume. He explains how xStocks is dismantling the traditional brokerage model by allowing users to buy fractional shares of Tesla and the S&P 500 directly within everyday apps. Greenberg discusses the 24/7 trading advantage, the roadmap for adding Hong Kong stocks, and why tokenized equities are becoming the preferred asset class for retail investors across Asia.

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This episode was hosted live by Jennifer Sanasie and Dave Lavalle at Consensus Hong Kong 2026, presented by Hex Trust.

Holonym co-founder and CEO Shady El Damaty on AI agents and crypto’s builder season.

Holonym co-founder and CEO Shady El Damaty joins Jenn Sanasie on Markets Outlook to explain why you should never give your AI agent a private key. Plus, the state of retail as crypto enters a "builder season" amid high uncertainties. When will the industry move on from the post-Trump liquidity drain?

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Timecodes:

01:09 Macro Uncertainties

02:12 The State of Retail

05:22 From ZK Identity to Wallets

08:58 Agentic Workflows Explained

11:19 Human Friction and Compliance

12:45 AI Alignment and Key Control

16:11 Crypto Endgame Super Apps

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This episode was hosted by Jennifer Sanasie.