Kraken buys UK exchange crypto facilities for at least $100 million

Kraken buys UK exchange crypto facilities for at least $100 million

Kraken has bought a trading startup called Crypto Facilities in a deal valued at least $100 million. Crypto Facilities has teamed up with Ripple and offers UK traders a fully regulated way to buy crypto futures. Jesse Powell, CEO at Kraken, said that the firm plans to expand the platform throughout the rest of this year.

Simone
Simone
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