<ul data-eligibleForWebStory="true">The cryptocurrency sector aims to build the next generation of financial services infrastructure.Kraken's head of payments and blockchain, Brett McLain, discussed the launch of its crypto as a service (CaaS) model.The CaaS model is designed to offer crypto services to enterprise clients through a partnership with Alpaca.Kraken's CaaS functions as a plug-and-play back end for brokers and digital wallets, providing regulatory compliance and liquidity network.The company plans to extend its services to Canada, the EU, and the UK amid international regulatory challenges.Kraken aims to provide stability and compliance tools like KYC and KYB processes to navigate the regulatory landscape.The CaaS model also focuses on tokenized real-world assets like tokenized stocks to increase accessibility globally.Kraken's vision extends beyond being a crypto exchange to becoming a FinTech supporting various financial services.