by: xpoolPosted on:

Kraken Acquires CFTC-Licensed Exchange for $100 Million, Expanding US Derivatives Trading

Kraken has made a strategic acquisition of Small Exchange, a CFTC-licensed marketplace platform, for $100 million. This deal expands Kraken’s U.S. presence in the highly regulated cryptocurrency derivatives market. The move provides access to a wider range of digital and traditional assets under the oversight of the Commodity Futures Trading Commission (CFTC). This acquisition aims to impact trading dynamics by providing direct access to U.S. derivatives markets for traders, potentially affecting Bitcoin and Ethereum trading volumes.

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