Legal Entity
No clear published difference on legal entity.
Coinbase
Limited records1 legal entity record(s) on file
Kraken
Limited records1 legal entity record(s) on file
Evidence comparison
Crypto exchange comparison from public records · Primary sources · Not a ranking
Evidence summary
On the current public record: Stronger regulatory evidence → Kraken; Higher evidence completeness → Kraken; More transparent public records → Kraken; More recently verified fee evidence → Kraken; More complete PoR evidence → Kraken. These statements describe published evidence differences only — not a safety ranking or a recommendation.
Neither result is a safety ranking or recommendation.
Last checked · 2026-08-25
Primary evidence: 8 sources across both dossiers
Evidence-based conclusion
On the current public record: Stronger regulatory evidence → Kraken; Higher evidence completeness → Kraken; More transparent public records → Kraken; More recently verified fee evidence → Kraken; More complete PoR evidence → Kraken. These statements describe published evidence differences only — not a safety ranking or a recommendation.
Not a winner, ranking, or safety recommendation. Commercial relationships are not inputs to these conclusions.
Stronger regulatory evidence
Evidence advantage · Kraken · Confidence medium
Why: Kraken has stronger documented regulatory evidence in the public record (record count and/or exact register identifiers). This is not a safety or “more regulated globally” claim.
Coinbase: 1 regulatory record(s), 0 with exact identifier
Kraken: 1 regulatory record(s), 1 with exact identifier
Higher evidence completeness
Evidence advantage · Kraken · Confidence medium
Why: Kraken currently has higher published evidence completeness across legal, regulatory, custody, PoR, fees, geo, and products domains.
Coinbase: domain fill 5/7; completeness composite 20
Kraken: domain fill 7/7; completeness composite 35
More transparent public records
Evidence advantage · Kraken · Confidence medium
Why: Kraken has more transparent public-record coverage in this snapshot (primary sources and/or exact register identifiers).
Coinbase: 2 published sources; 0 exact IDs
Kraken: 6 published sources; 1 exact IDs
More recently verified fee evidence
Evidence advantage · Kraken · Confidence medium
Why: Kraken has more recently verified or more complete dated fee evidence on file. Fee snapshots are not “current live fees”.
Coinbase: No fee snapshots on file
Kraken: 2 fee snapshot(s); latest as of 2026-08-27
More complete PoR evidence
Evidence advantage · Kraken · Confidence medium
Why: Kraken has more complete Proof-of-Reserves publication evidence on file. Proof of reserves is not an audit and does not prove solvency.
Coinbase: No PoR snapshots on file
Kraken: 1 PoR snapshot(s); verified 2026-08-27
No clear published difference on legal entity.
Coinbase
Limited records1 legal entity record(s) on file
Kraken
Limited records1 legal entity record(s) on file
Coinbase: 1 records / 0 exact IDs. Kraken: 1 records / 1 exact IDs.
Coinbase
Limited records1 regulatory record(s); 0 with exact ID
Kraken
Limited records1 regulatory record(s); 1 with exact ID
Coinbase: 0 exact ID(s). Kraken: 1 exact ID(s).
Coinbase
No verified record publishedNo exact register identifiers on file
Kraken
Limited recordsC468360
Coinbase: 2 on file. Kraken: 5 on file.
Coinbase
More documented recordsspot, other
Kraken
More documented recordsspot, margin, perpetual, option, other
No clear published difference on custody.
Coinbase
Limited records1 custody claim(s) on file
Kraken
Limited records1 custody claim(s) on file
Coinbase: 0 snapshot(s). Kraken: 1 snapshot(s).
Coinbase
No verified record publishedNo PoR snapshots on file
Kraken
Limited records1 PoR snapshot(s) (PoR ≠ audit)
Coinbase: 0 snapshot(s). Kraken: 2026-08-27.
Coinbase
No verified record publishedNo fee snapshots on file
Kraken
More documented records2 fee snapshot(s); latest 2026-08-27
Coinbase: 5 record(s). Kraken: 16 record(s).
Coinbase
More documented records5 geo record(s) on file
Kraken
More documented records16 geo record(s) on file
Coinbase: 5/7. Kraken: 7/7.
Coinbase
More documented recordsDomain fill 5/7 · sources 2
Kraken
More documented recordsDomain fill 7/7 · sources 6
If regulatory record completeness matters more
Kraken has stronger documented regulatory evidence in this snapshot.
If current PoR publication evidence matters
Kraken has more complete published PoR evidence (PoR ≠ audit).
If dated fee evidence matters
Kraken has more complete or more recent fee snapshot evidence on file.