Kraken Acquires Small Exchange for $100M

The post Kraken Acquires Small Exchange for $100M appeared first on Coinpedia Fintech News

Kraken has acquired Small Exchange, a CFTC-regulated Designated Contract Market, from IG Group in a $100 million deal. The acquisition strengthens Kraken’s presence in the U.S. derivatives market, giving it a strategic edge among global exchanges. With this move, Kraken becomes one of the few trading platforms holding derivatives licenses across the U.S., U.K., and E.U., marking a major step in its mission to expand institutional and retail access to regulated crypto trading products.