Kraken Wallet is a self-custody crypto wallet from Kraken built for users who want onchain access without relying on an exchange account for storage. Available on iOS and Android, it lets users hold assets on-device, manage NFTs, connect to decentralized applications, and move between self-custody and the broader Kraken ecosystem more easily than with a fully standalone wallet.

Although it comes from the same brand, Kraken Wallet is separate from the Kraken exchange. Kraken launched it in 2024 and published the codebase publicly, which gives it more transparency than many exchange-branded wallets. The wallet supports major networks including Bitcoin, Ethereum, Arbitrum, Base, Optimism, Polygon, Solana, and Dogecoin, with NFT support on Solana and supported EVM networks.

Kraken Wallet is best suited to mobile users who want a simpler path into self-custody, swaps, and Web3 activity while staying close to a mainstream brand. Its main strength is broad multi-chain coverage in one app. The trade-off is that it remains a hot wallet, so phishing, malicious approvals, and device compromise still matter, and it does not currently support hardware wallet connections. It also helps to compare it with other hot wallet options if desktop access or hardware signing is a priority.