Finance
Kraken Acquires Small Exchange for $100 Million to Strengthen U.S. Crypto Derivatives Presence
Kraken has acquired Small Exchange, a CFTC-regulated Designated Contract Market, from IG Group in a $100 million deal, marking a major step in the crypto exchange’s expansion into the U.S. derivatives market. In a statement on Thursday, Kraken said the purchase will allow it to launch a fully