Instrument status classification helps understand the availability and mapping status of trading instruments:

• ACTIVE: Instruments currently available on the market and actively traded
• MAPPED: Instruments verified by mapping team with proper base, quote, and mapping functions
• UNMAPPED: Instruments that have not yet been verified by mapping team
• RETIRED: Instruments no longer actively traded but previously mapped
• RETIRED UNMAPPED: Instruments no longer actively traded and never mapped
• IGNORED: Instruments available on market but intentionally not mapped
• EXPIRED: Mapped instruments (typically futures/options) that reached expiration date

Founded in 2011 by Jesse Powell, Kraken is renowned for its secure, user-friendly trading platform, offering a wide array of services including spot, futures, and margin trading, along with cryptocurrency staking and OTC trading. A key player in recovering Mt. Gox funds, Kraken has established a strong reputation for security and reliability. It's recognized for pioneering regulatory compliance efforts worldwide, enhancing the mainstream acceptance of cryptocurrencies. Recent strategic moves, like leadership enhancements and European expansion through the BCM acquisition, underscore its commitment to growth. Notably, Kraken Bank's pursuit of a Federal Reserve Account marks a significant step towards bridging crypto with traditional banking.

• Leadership and Regulatory Strategy Enhancements: Kraken appointed Gilles BianRosa as Chief Operating and Product Officer and Marcus Hughes as Global Head of Regulatory Strategy, indicating a focus on regulatory compliance and market expansion.
• European Expansion via Acquisition: Kraken acquired BCM, a Dutch crypto broker, aiming to strengthen its presence in Europe in compliance with the MiCA regulatory framework.
• Product Innovations and Market Access: Kraken introduced updates like new OTC pairs, custom layouts on Kraken Pro, and expanded its service in the Netherlands, demonstrating its commitment to innovation and user satisfaction.
• Quest for Federal Reserve Account: Kraken Bank, a Wyoming subsidiary, received a routing number from the American Bankers Association, moving it closer to gaining equal treatment with traditional banks and enhancing its service offerings.

Kraken has maintained an impeccable security record since its inception in 2011, with no major security breaches. The exchange employs a comprehensive security strategy including:

• Advanced encryption protocols for all data transmission
• Multi-signature cold storage for the majority of customer funds
• Regular third-party security audits and penetration testing
• Comprehensive monitoring systems for suspicious activity
• Strict internal controls and access management
• Global master policy insurance coverage
• Proof of reserves with regular verification

Kraken's security practices have set industry standards and contributed to its reputation as one of the most secure cryptocurrency exchanges globally.