Kraken

Kraken Makes a Bold Move: Acquires NinjaTrader for $1.5 Billion

9 days ago

In a strategic bid to bolster its offerings in the cryptocurrency and futures trading landscape, Kraken, one of the leading digital asset exchanges, announced that it has reached an agreement to acquire NinjaTrader, a renowned futures trading platform, for a staggering $1.5 billion. This acquisition is seen as a pivotal moment for Kraken, enhancing its capabilities to cater to a broader market of traders looking for comprehensive trading solutions.

Kraken Unveils New Horizons as SEC Drops Lawsuit

28 days ago

In a significant development within the cryptocurrency landscape, Kraken, one of the leading crypto exchanges, has announced that the U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against the firm. This news marks a turning point for Kraken, which has faced an increasing number of regulatory challenges in recent years.

Kraken Sees Impressive Revenue Growth in 2024, More Than Doubling Its Earnings

2 months ago

In a remarkable financial turnaround, the cryptocurrency exchange Kraken has reported that its revenue more than doubled in the past year, signaling a resurgence in trading activity and interest in digital assets. The exchange's strong performance is indicative of a broader recovery within the crypto market, which faced significant volatility over the previous years.

Gemini Expands Leadership in Europe by Hiring Former Kraken Executive Mark Jennings

3 months ago

In a significant move to bolster its leadership team in Europe, the cryptocurrency exchange Gemini has appointed Mark Jennings, a former executive at Kraken, to oversee its operations in the region. This strategic hiring comes at a time when Gemini is looking to cement its presence in the competitive and rapidly evolving European crypto market.

Kraken Exits the NFT Arena: Crypto Exchange Shuts Down Marketplace

4 months ago

The prominent cryptocurrency exchange, Kraken, has announced the closure of its non-fungible token (NFT) marketplace, marking a significant shift in the digital asset landscape as the sector continues to grapple with market volatility and regulatory scrutiny. This decision comes as the NFT market faces tremendous challenges, including declining sales and ongoing concerns about sustainability and security.

Tether and Kraken Back European Stablecoin Venture Ahead of MICA Regulations

5 months ago

In a significant move within the cryptocurrency sector, Tether, the issuer of the world's largest stablecoin (USDT), along with cryptocurrency exchange Kraken, has announced strategic investments in a European-based stablecoin issuer. This partnership marks a bold step as the European Union prepares to finalize its regulatory framework under the forthcoming Markets in Crypto-Assets (MiCA) regulation.

Crypto Firms Boost Presence in Premier League with New Sponsorship Deals

6 months ago

In a remarkable trend showcasing the expanding reach of cryptocurrency firms, several Premier League football clubs have recently secured sponsorship agreements with major digital currency exchanges. This development underlines the increasing symbiosis between the world of sports and the burgeoning crypto industry, emphasizing digital currencies' growing mainstream appeal.