Kraken seeks targets in Europe

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

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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.

Grégory Raymond

Gregory Raymond is a French journalist specializing in economics and cryptocurrencies, currently head of research at The Big Whale.

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Raphaël Bloch

Raphaël Bloch is co-founder and CEO of The Big Whale, a news platform focused on cryptocurrencies. A former journalist at Reuters, Les Echos, and L’Express, he is a graduate of emlyon and the CFJ.

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