Kraken Launches Flexline Crypto-Backed Loans With 10%–25% Fixed APRs for Pro Users

On 26 February 2026, Kraken introduced Flexline, a fixed-rate lending product secured by crypto and available exclusively to Kraken Pro users. The service lets traders borrow crypto or stablecoins for periods from 2 days to 2 years at APRs between 10% and 25%, while keeping collateral in segregated wallets that are included in Kraken's Proof of Reserves. Flexline is not offered in the United States, the United Kingdom, and some other jurisdictions due to regulatory restrictions.