Kraken Acquires Small Exchange for $100 Million to Expand US Derivatives Trading

TLDR Kraken purchased Small Exchange from IG Group for $100 million to establish a US-based derivatives platform Small Exchange holds a CFTC-licensed Designated Contract Market approval, allowing Kraken to offer regulated futures and options The acquisition enables Kraken to integrate clearing, risk management, and trading into one regulated environment This follows Kraken’s earlier $1.5 billion [...]

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