Kraken Acquires CFTC-Licensed Exchange in a $100M Deal
Crypto exchange Kraken has announced the acquisition of Small Exchange, a US Commodity Futures Trading Commission (CFTC)-licensed Designated Contract Market (DCM), from IG Group for $100 million.
The acquisition expands Kraken’s growing global infrastructure, which now includes regulated derivatives venues in the UK, European Union, and the US. Its unified trading system supports six fiat currencies and more than 450 digital and traditional assets, operating within a single platform architecture.
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Kraken Acquires CFTC-Licensed Small Exchange for $100 Million
Kraken Acquires CFTC-Licensed Exchange in a $100M Deal
Crypto exchange Kraken has announced the acquisition of Small Exchange, a US Commodity Futures Trading Commission (CFTC)-licensed Designated Contract Market (DCM), from IG Group for $100 million.
The acquisition expands Kraken’s growing global infrastructure, which now includes regulated derivatives venues in the UK, European Union, and the US. Its unified trading system supports six fiat currencies and more than 450 digital and traditional assets, operating within a single platform architecture.
Read More