Kraken Expands U.S. Footprint With 100 Million Small Exchange Acquisition
Crypto exchange Kraken has acquired The Small Exchange, a CFTC-registered Designated Contract Market DCM, for 100 million. The acquisition, announced Thursday, positions Kraken to launch a fully regulated U.S. derivatives trading platform, integrating spot, futures, and margin products under one system.
The Small Exchange, focuses on making futures trading for a wider range of investors. The platform simplifies complex derivatives with smaller contract sizes and standardized terms. This allows both institutional and retail traders to participate without high capital requirements.
Krakens move marks a major step in its U.S. regulatory strategy. This follows months of efforts to strengthen compliance and expand its suite of products.
