Kraken recently celebrated its tenth anniversary. Jesse Powell, CEO of Kraken, was heard saying that on the occasion of their tenth anniversary, they have set their sights on the future by investing in increasing access to high-quality Bitcoin and cryptocurrency knowledge. They believe that the initiative will pique people’s interests and contribute to a more prosperous future for Wyoming and the rest of the world.
Kraken has pledged to contribute up to $300,000 over the coming three years to the project. Their contribution would help the University of Wyoming to provide students with exposure to one of the world’s fastest-growing and most promising industries.
The program is Kraken’s greatest ever contribution to advancing the study of Bitcoin and digital asset technology, and it will benefit students and educators of all ages across the state. Kraken will assist Ph.D. students at the University of Wyoming with scholarships, cooperate with university instructors to provide free learning experiences for K-12 kids. They also plan to establish paid and professional standard development opportunities for K-12 teachers.
The University of Wyoming’s efforts is bolstered by the support for a computing-based summer camp. This camp would bring real-world computing knowledge and applications to students and educators. The collaboration is also part of Kraken’s continuous extension of its grant program beyond open-source development to cover digital asset sector activities. Kraken plans to provide more than $1 million in aid of open-source cryptocurrency technology development and outreach projects by the end of 2021.
In the future, Kraken intends to give back to states and countries that enact legislation aimed at protecting consumers and advancing the growth of digital assets.