Kraken seeks targets in Europe

The American exchange platform, which has no local registration in Europe, is reportedly looking to get its hands on a regulated player.
30.03.2023

Most crypto players know this: periods of "Bear Market" are also when there are buyback opportunities. Especially when you're a heavyweight player like... Kraken 🐙.

According to our information, the US platform, the world's third biggest player on the spot market (behind Binance and Coinbase), is considering potential acquisitions in Europe.

"They've approached us about a buyout," confides a regulated French player. "Kraken is looking at what's happening in France and Europe", confirms a lawyer.

Format
News
Topic
Business
Author(s)
Grégory Raymond
Raphaël Bloch

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