Kraken Acquires Crypto Facilities
Cryptocurrency exchange services provider Kraken has formally acquired crypto derivatives trading platform and index provider, Crypto Facilities, in a nine-figure deal, reported Fortune. After this acquisition, some Kraken users can obtain both spot and futures dealing. The firm also has […]
Cryptocurrency exchange services provider Kraken has formally acquired crypto derivatives trading platform and index provider, Crypto Facilities, in a nine-figure deal, reported Fortune. After this acquisition, some Kraken users can obtain both spot and futures dealing. The firm also has an OTC assistance for comprehensive orders. Futures are confined to six combinations for now.
This acquisition of Crypto Facilities strengthens Kraken’s dedication to matching client requirement for innovative commodities and co-operation that complement its essence spot exchange and white-glove OTC assistance. Suitable Kraken clients will obtain access to futures on six cryptocurrency pairs, giving an effective gateway to trade and plant cryptocurrency in any market conditions.
Kraken CEO Jesse Powell said
I’m thrilled to welcome the Crypto Facilities team into the Kraken family. We are excited to introduce eligible clients to these industry leading futures and index products. Over the coming months, our teams will continue to enhance and expand these offerings. We’ve got great stuff in store for traders and institutional clients in 2019.
The Crypto Facilities acquisition suggests that Kraken is the primary crypto exchange to allow both spot and futures trading in currencies like Bitcoin, Ethereum, and XRP. Kraken refused to give the particular price of the agreement. The Crypto Facilities was the primary organized entity to give futures on Bitcoin, Ethereum, Ripple XRP, Litecoin and Bitcoin Cash.
Kraken CEO Powell said that the firm has already united the back-end services of Crypto Facilities, which indicates that users of both services will instantly be ready to trade on a separate platform. Futures trading will not be ready for its U.S. customers.
This agreement will boost profits and help bring institutional customers, Powell said, continuing that Kraken’s great balance sheet enabled it to procure the London company completely. The agreement had been in the pictures for 10 months, he said, but Kraken had been waiting for permission, since allowed, from the U.K. regulator Financial Conduct Authority.
The agreement is the highest for Kraken, which has earlier acquired various smaller exchanges as well as a crypto examination firm and a digital wallet firm and adds 20 developers in London to its families. The acquisition arrives at a time when other pre-eminent crypto exchanges such as Binance and Coinbase, are sweating to scale up their services.
Timo Schlaefer, Crypto Facilities CEO and Founder, said
It has been our mission to build the most sophisticated, powerful and user-friendly cryptocurrency trading platform. Teaming up with Kraken allows us to innovate the next generation of products and tremendously boosts the value we are able to provide to our clients.
The nine-figure agreement is Kraken’s biggest acquisition and its earlier acquisitions involve major Bitcoin exchanges Coinsetter, Cavirtex, and CleverCoin. It has also acquired the award-winning wallet funding assistance Glidera; and the famous multi-exchange charting, dealing and securities tracking platform Cryptowatch.
About Kraken
Kraken is one of the finest Europian cryptocurrency exchanges established in 2011, Kraken allows users to buy and sell bitcoins and trade between bitcoins and Euros, US Dollars, Canadian Dollars, British Pounds and Japanese Yen. Kraken has numerous excellent features like margin trading and much more.
Kraken has more than 4 million traders, companies and officials across the world. In 2018 the exchange concocted nearly $90 billion in bulk while its white-glove OTC frame supervised over $2 billion in trades.
Disclaimer: This information should not be interpreted as an endorsement of any cryptocurrency. It is not a recommendation to trade. The crypto market is full of surprises and overhyped assets. Do your research before buying anything. Do not invest more than you can afford to lose.
Follow us on Twitter, Facebook, Steemit, and join our Telegram channel for the latest blockchain and cryptocurrency news.
Prasanna Peshkar
Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.
Regular updates on Web3, NFTs, Bitcoin & Price forecasts.
Stay up to date with CryptoTicker.
October 21, 2025 10:14 AM
Best Crypto Exchanges to Trade Real-World Assets (Tokenized Stocks)
Tokenized stocks are redefining investing by merging traditional assets like Apple or Tesla shares with blockchain. Here’s where to trade them.
May 15, 2025 6:24 PM
Mastercard and MoonPay Partnership: A Game-Changer for Stablecoins and Crypto Adoption
The new Mastercard and MoonPay partnership brings stablecoins into everyday transactions, unlocking massive potential for crypto adoption across 150 million merchants worldwide.
October 12, 2025 3:08 PM
How Crypto Traders Can Buy Gold Using Their Cryptos
Crypto traders are increasingly turning to tokenized gold to preserve value without leaving the blockchain. Here’s how buying gold with crypto actually works.
August 31, 2025 10:16 AM
More People Worldwide Are Turning to Crypto Retirement, Here's Why
A growing number of individuals are exploring crypto as part of their retirement planning. Digital assets are reshaping the future of retirement.
June 3, 2025 7:00 PM
Top 3 Altcoins Under $1 with 10x Potential: Latest Altcoin News Analysis
With several promising altcoins trading under $1, investors are positioning themselves for potential 10x returns. Here are the top 5 that are shortlisted.
March 27, 2025 5:00 AM
Bitcoin or Stablecoins: Which Is the Best to Hold in 2025?
GameStop adds Bitcoin to its treasury while Fidelity explores launching a new stablecoin. But what's in it for investors, and which is the best to hold in 2025?
March 26, 2025 4:00 AM
BlackRock NEWS: BUIDL Fund Live on Solana and Bitcoin ETP Launch in Europe
BlackRock's dual crypto push—expanding its BUIDL fund to Solana and launching a Bitcoin ETP in Europe—has ignited market interest. Solana price surged to its best performance this week; so what's next?
March 25, 2025 7:19 PM
CME Group and Google Cloud Partner on Tokenization: A Game-Changer for the Future of Crypto?
CME Group, the world’s leading derivatives marketplace, is teaming up with Google Cloud to explore tokenization — a move that could reshape traditional finance and the crypto landscape. How?
October 24, 2025 8:23 AM
Crypto 2025: Why Blockchain Became Mainstream
2025 marks crypto’s mainstream breakthrough as institutions adopt blockchain, stablecoins rival Visa, and regulation finally clears the path.
October 11, 2025 12:07 AM
Breaking: Bitcoin Crash Fueled by Exchanges Dumping Millions in Crypto
Bitcoin crashes 10% to $107K, Ethereum plummets 15% as exchanges dump millions in crypto amid Trump’s tariff threats. Is this manipulation?
September 11, 2025 1:56 PM
Top 3 Altcoins to Buy in September 2025
The crypto market is at a standstill, but Bitcoin’s stability and an Altcoin Season Index signals opportunities. Here are the top 3 altcoins to buy now.
September 10, 2025 12:35 PM
You Can Now Buy US Stocks on Kraken – Here’s How
Kraken brings tokenized US stocks to Europe with xStocks. Trade equities like Nvidia and Google onchain, reshaping the future of crypto and finance.
July 21, 2025 5:00 AM
Cardano Price Prediction: ADA Finally Wakes Up After Bitcoin ATH
Cardano has been lagging — until now. While Bitcoin topped out weeks ago, ADA is just starting to move. What’s next for the ADA price?
July 5, 2025 1:44 PM
Top 5 Cryptos of the Week – July 2025 Starts with a Bang
July 2025 kicks off with some surprise winners as some altcoins lead the top-performing crypto assets of the week. Here's what’s driving the momentum and what to expect next.
June 20, 2025 10:43 AM
X is Becoming the Ultimate Trading App: Will Elon Musk Replace Binance and Coinbase?
Elon Musk’s X is evolving into a trading and investing super app with Grok AI and crypto tools. Could it replace Binance and Coinbase? Discover how X may reshape crypto, AI, and finance in one platform.
June 18, 2025 12:05 PM
BREAKING: Israeli-Linked Hackers Allegedly Wipe Out Nobitex Exchange
Nobitex, Iran’s top crypto exchange, has reportedly lost $48.65 million in a massive hack. Linked to Israeli cyber group Predatory Sparrow, the attack allegedly wiped out 95% of the platform’s assets.
June 8, 2025 8:00 AM
Trading vs Staking: Which Investment Strategy Works Best for You?
Choosing the right investment strategy can make or break your crypto journey. Should you actively trade or stake your crypto for passive income? Here’s what you need to know.
May 27, 2025 10:01 PM
Inside Bitget: How COO Vugar Usi Zade Is Shaping the Future of Crypto Trading
From Bitget Seed and AI-powered tools to regulatory strategy and mass adoption, COO Vugar Usi Zade reveals how Bitget is building the next era of crypto trading.
May 24, 2025 12:00 PM
Top AI Crypto Coins to Buy Now That Could 5x in 2025
The AI crypto sector is heating up fast. From infrastructure leaders like Bittensor to surging tokens like Virtuals and Injective, here are the top AI crypto coins to buy now that could 5x in 2025.
May 23, 2025 4:29 AM
You Can Now Trade Tesla and Apple on Kraken... Here's How
Crypto exchange Kraken is launching tokenized stocks for Tesla, Apple, and Nvidia—giving non-U.S. users 24/7 access to some of the world’s biggest companies.
May 14, 2025 4:17 PM
DeFi Just Got Real: JPMorgan Takes a Historic Leap into Blockchain Finance
JPMorgan Chase just made history by settling its first public transaction of tokenized U.S. Treasuries. Is this the moment where Wall Street finally embraces DeFi?
May 2, 2025 4:00 AM
Top 5 Altcoins to Watch in May 2025 After April's Explosive Gains
April 2025 saw major altcoins like SUI, HYPE, and SOL post double-digit gains. With institutional moves and rising on-chain activity driving momentum, here's what to expect from the top-performing altcoins in May 2025.
April 4, 2025 5:17 PM
Crypto Funding Rate Crash as Trump’s Tariffs Spark Market Fear
The crypto market is reacting to Trump’s trade war, with funding rates falling below 0.005%. As fears of global economic disruption rise, investors show extreme caution, sending volatility indicators flashing red.
April 1, 2025 1:00 PM
BREAKING Crypto News: Bitcoin Hits $500,000 on one Exchange – Traders in Shock!
In a shocking turn of events, Bitcoin has surged to an unbelievable $500,000 on a crypto exchange, sending traders into a frenzy. Is this the beginning of a new era?
December 7, 2025 2:25 PM
OKX Christmas Calendar: Earn Up to €150 in BTC: Daily Rewards for Every Crypto User
OKX launches its Christmas Calendar Campaign with daily BTC rewards. Users can earn up to €150 — and new users up to €172 — by completing simple tasks.
More from CryptoTicker
December 3, 2019 8:14 PM
Kraken Exchange Refuses to Comply with NYAG’s Request for Information
Recently, the Kraken cryptocurrency exchange was contacted by the New York Attorney General’s office, who requested for the exchange to divulge information regarding the exchange’s modus operandi and other fiscal details. However, unlike other exchanges who faced this kind of […]
December 3, 2019 8:15 PM
Top 5 Cryptocurrency Trends in 2019-20
The cryptocurrency market almost tripled its valuation this year since the fall from an all-time high valuation of over $750 billion in 2018. As the market sustains its growth, new creative and modernistic trends start emerging. So here are a […]
December 3, 2019 8:17 PM
Top 5 Tax Tracking Tools for Cryptocurrency
One of the biggest hindrances whilst trading in cryptocurrencies is calculating taxes around the investments and returns. Cryptocurrency tax rules vary across countries and several countries have a lack of clarity surrounding the prevailing tax rules, thus leading to further […]
December 11, 2025 3:27 PM
Fed Cuts Rates to 3.5% - 3.75%: What It Means for Bitcoin and the Entire Crypto Market
The Fed just cut rates to 3.5%–3.75% as jobs cool and inflation stays sticky. Stocks held up, but Bitcoin fell below 90K. What’s next for crypto?
December 11, 2025 11:31 AM
Gemini Secures CFTC Approval
Gemini just won the CFTC’s approval to launch its own prediction market.
December 11, 2025 8:10 AM
Will Bitcoin Price Rise or Drop After the Fed’s Third Rate Cut?
Bitcoin holds steady near 90K as the Fed delivers its third straight rate cut but the market’s reaction is anything but clear.
December 11, 2025 6:16 PM
Crypto Exchange Comparison
Crypto Exchange Comparison - Find the best and safest crypto exchange for your needs
December 11, 2025 6:16 PM
Hardware Wallets
Latest hardware wallets for the best crypto exchanges
December 11, 2025 6:16 PM
Crypto Credit Cards Comparison
Latest crypto credit cards comparison for the best crypto credit cards
December 11, 2025 6:16 PM
NFT Marketplace Comparison
Latest NFT marketplace comparison for the best NFT marketplaces
December 11, 2025 6:16 PM
Bitcoin News Today
Get the latest updates on Bitcoin price, market movements, and detailed Bitcoin price predictions.
December 11, 2025 6:16 PM
Ethereum News Today
Explore the latest updates on Ethereum price, market trends, and Ethereum price predictions.
December 11, 2025 6:16 PM
Solana News Today
Stay updated with the latest Solana price, market movements, and expert Solana price predictions.
December 11, 2025 6:16 PM
Dogecoin News Today
Discover the latest updates on Dogecoin price, trends, and Dogecoin price predictions.
December 11, 2025 6:16 PM
Shiba Inu News Today
Explore the latest Shiba Inu price updates, market trends, and detailed Shiba Inu price predictions.
December 11, 2025 6:16 PM
XRP News Today
Get the latest insights on XRP price, market shifts, and expert XRP price predictions.
December 11, 2025 6:16 PM
Cardano News Today
Get the latest insights on Cardano price, market shifts, and expert Cardano price predictions.
December 3, 2019 8:27 PM
IRS Update: New Letters to Crypto Holders, What this means for You
The United States Internal Revenue Service (IRS) has sent a round of letters to crypto traders called CP2000 due to inconsistencies found in their tax reports. Now, this is done primarily from the information provided to the IRS by crypto […]
December 10, 2025 2:08 PM
SpaceX’s Quiet $95M Bitcoin Transfer Hints at Big IPO Steps Ahead
SpaceX just shifted another $95 million in bitcoin, bringing its total recent movements to nearly a billion dollars.
December 3, 2019 8:28 PM
Top 3 Methods To Withdraw Bitcoin to Bank Account
Want to withdraw Bitcoin to your bank account? Or Did you know that you can Withdraw Bitcoin to Bank Account? Unlike Fiat currency, Bitcoin is much simple to withdraw, and you may not have to wait for days to obtain […]
December 10, 2025 12:34 PM
Bitcoin Accumulation Heats Up: Political Buyers, ETH Breakout, and a Looming Short Squeeze Shape the Market
Political buyers load up on Bitcoin as ETH breaks out and a $1.5B short squeeze approaches. The crypto market may be preparing for its next major move.
December 3, 2019 8:32 PM
Crypto exchanges come together for G20 discussion with regulators
Cryptocurrencies could be facing the greatest regulatory threat as the G20 meeting of finance ministers and central governors are coming up. In the meeting, the proposals from the FATF (Financial Action Task Force) are to be discussed and up for […]
December 10, 2025 9:37 AM
Crypto Market News: Why Is the Crypto Market Up Today?
The global crypto market cap climbed 2.6% in the last 24 hours, hitting $3.12 trillion.
December 3, 2019 8:35 PM
4 Things the Stock Market can Learn from the Crypto Market
The stock market is seen by most people as an adult counterpart to the crypto market. While the crypto market is still relatively unregulated and growing with projects that have swindling intentions, the stock market is comparatively harmless and serious. […]
December 9, 2025 2:32 PM
Why is Zcash Price Up?
Zcash (ZEC) surged nearly 10% in 24 hours after Shielded Labs unveiled a new dynamic fee market proposal.
December 3, 2019 8:36 PM
The dispute between Craig Wright and Vitalik Buterin escalates
On 12 April, Craig Wright, Bitcoin SV’s father, sent a lawyer’s letter to Vitalik Buterin threatening him with consequences for not receiving a public apology. The history Craig Wright has been posing as bitcoin finder Satoshi Nakamoto since 2016. So […]
