Kraken Acquires Crypto Derivatives Trading Platform and Index Provider, Crypto Facilities, in Nine-figure Deal

SAN FRANCISCO, February 4th, 2019 – Kraken, consistently rated the most secure digital asset exchange1 and leader in euro volume since 2013, today announced the acquisition of Crypto Facilities, a world-leading, regulated cryptocurrency trading platform and index provider. The combination creates a global leader in cryptocurrency spot and futures trading. London-based Crypto Facilities offers individuals and institutions … Read more

Kraken Acquires British Derivatives Platform Crypto Facilities

Cryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core, bitcoin cash, ripple, litecoin and ethereum while boosting revenue by attracting institutional customers. Also read: Cryptocurrency … Read more

Crypto Exchanges Register Their Best Year yet in 2018 Despite Price Dip As Bitcoin Dominates

Bitcoin may have shed 80 percent of its value in the last 12 months, but crypto exchanges had their best year yet. Coinbase, the biggest exchange in the U.S, experienced a 21 percent increase in 2018, with the first quarter of the year being the most successful. However, the volume on some crypto exchanges dipped … Read more

The Daily: Kraken Swamped by US Subpoenas, AMD Partners Crypto Studio

In today’s edition of The Daily, we feature a couple of stories that show how the U.S. is potentially stifling the development of the local cryptocurrency industry by burdening companies with costly compliance. We also cover a partnership between a computer chip manufacturer and a crypto studio. Also Read: Banking Struggle Drives Bitcoin ATM Manufacturer … Read more