Ex-Investment Bank CCO Joins Bitcoin Exchange Kraken To Prepare For US Expansion

U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European Market by End of Year Kraken, a major digital asset exchange in the U.S., plans to reestablish its presence in the European Union this year, according to Handelsblatt. The publication notes the development comes as the crypto industry continues to mature, attracting more investors amid a market....

Kraken Bitcoin Exchange. Payment processor and security provider Vogogo has partnered with Kraken to bring Kraken's exchange services to Canada. The new partnership and expansion also equates to a new Canadian dollar/Bitcoin exchange that Kraken will provide. All exchanges are constantly looking for ways to gain a competitive edge and moving to another country also to the one you started in; that's a good way to expand your business. This is exactly what Kraken has done. The exchange said Canadians who use its service would benefit from low fees and good technology. It's hard to tell if....

The world’s largest Bitcoin exchange by euro volume, Kraken, acquired New York City-based exchange Coinsetter and Canada’s first exchange, Cavirtex, on January 19, enabling an immediate expansion into the North American market. In a related deal, Kraken also secured a strategic partnership with American payment provider SynapsePay, enabling institutional clients and individuals in 37 states to process domestic deposits and withdrawals in American dollars. The acquisition of Coinsetter enabled Kraken to enter the U.S. market with ease, using the advanced trading infrastructure of Coinsetter....

Kraken has quickly become an experimental crypto-currency trading engine with Lorem Ipsum text on its homepage to a major hub for bitcoin and altcoin trading in a little over a year. And they're just about ready to continue their massive growth. A Monday morning report from The Wall Street Journal indicates that Kraken is planning an expansion into Japan by the end of this month in a move that hopes to provide Japanese investors with a secure, trusted, and stable trading platform. According to Kraken chief executive officer Jesse Powell, there's an "overdue need for an exchange" in the....

Japanese venture capital firm SBI Investment is leading a Series B funding round in bitcoin exchange Kraken. While the terms of the deal were not disclosed, Kraken said that a “multi-million dollar” investment had been agreed upon with SBI. Kraken did not say when it expected the Series B round to be completed. “It’s a fantastic first step toward completing Series B, which will ultimately enable us to scale our business worldwide,” said Kraken CEO Jesse Powell. SBI Investment is the venture capital arm of SBI Holdings, an Internet-based financial group that reported an operating revenue of....