Circle sells OTC desk to Kraken

Circle sells OTC desk to Kraken

San Francisco-based crypto exchange Kraken has acquired Circle’s over-the-counter (OTC) desk. The sale of Circle’s OTC desk is part of its ’sharpened 2020 product roadmap’, in which the company states that it needs to focus effectively on its stablecoin platforms by reducing complexity, tightening its product portfolio, and re-organizing teams to execute with greater agility.

Simone
Simone
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