
Kraken Acquires CFTC-Licensed Small Exchange for $100 Million
Kraken has acquired Small Exchange, a Commodity Futures Trading Commission (CFTC)-regulated Designated Contract Market, for $100 million. This acquisition marks a major step in Kraken’s plan to expand its crypto derivatives offerings in the U.S.
### Small Exchange Deal Expands Kraken’s U.S. Derivatives Reach
Kraken has taken another decisive step in its U.S. expansion by acquiring Small Exchange, a platform regulated by the CFTC. This move significantly enhances Kraken’s capabilities in the derivatives market, allowing the company to offer a broader range of crypto-based futures products to its U.S. customers.
With regulatory approval and a solid infrastructure from Small Exchange, Kraken is better positioned to meet growing demand and strengthen its presence in the competitive U.S. crypto derivatives landscape.
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