by: xpoolPosted on:

Kraken Acquires Small Exchange for $100 Million to Expand US Derivatives Market

Cryptocurrency exchange Kraken has announced the acquisition of the CFTC-regulated Small Exchange from UK-based IG Group for $100 million, marking a strategic expansion into the U.S. derivatives market. This move signifies Kraken’s commitment to creating a fully regulated U.S.-based derivatives portfolio and blurring the lines between traditional finance and crypto assets.

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