Kraken has acquired Crypto Facilities

The San Francisco-based Kraken Exchange has acquired the British Crypto Facilities adjustable crypto-derivative platform, according to a press release .

The exact amount of the transaction is not specified, it says only that it is expressed in "a nine-digit number." Crypto Facilities features Bitcoin, Live, XRP, Litecoin and Bitcoin Cash futures . The platform also delivers CME pricing data.

“I am delighted to welcome the Crypto Facilities team to the Kraken family ,” said Kraken head Jess Powell. – In the coming months, we will continue to improve the quality of services and expand their range. In 2019, we will provide excellent opportunities for traders and institutional clients. ”

In an interview with Fortune, Powell said that Kraken will soon receive a $ 100 million investment from the “big customers of the exchange.”

In December last year, it became known that Kraken is considering the possibility of a private placement of securities when valuing the company at $ 4 billion.

We also recall that a petition appeared on Change.org, calling on Kraken to buy the problematic Canadian stock exchange QuadrigaCX.

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