Kraken Acquires Breakout to Launch Proprietary Trading

Cryptocurrency exchange Kraken has entered the proprietary trading market with the acquisition of Breakout, a Florida-based company that provides capital support for traders. This move marks a significant shift in Kraken’s strategy, allowing it to allocate resources based on a trader’s proven skills and not just their connections. 💰 The acquisition is expected to integrate Breakout’s platform into Kraken Pro, offering a new avenue for experienced traders to capitalize on market opportunities.