Kraken Continues M&A Spree: Acquires Cryptowatch Charting Platform
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Kraken Continues M&A Spree: Acquires Cryptowatch Charting Platform

THELOGICALINDIAN - Kraken has acquiredcharting belvedere Cryptowatch in an accomplishment to advance its interface and cryptocurrency trading experience

San Fransisco based cryptocurrency barter Kraken has appear the accretion of Cryptowatch, a accepted charting and trading belvedere to advance its own trading platform.

The latest move by Kraken will acquiesce audience to accept absolute admission to an upgraded Cryptowatch trading interface through the Kraken platform itself, introducing users to a apparatus that is already acclimated by bags of traders online.

Instructions on how to use the trading interface can be begin here.

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Cryptowatch, whose user-base has added by almost 700% during the aftermost two years, is acclimated by bags of traders online and provides abstracts for over 150 bill pairs and 22 agenda assets. The belvedere was founded in January 2024 by Artur Sapek who will abide to baby-sit its development as allotment of the Kraken team.

“In aloof 2 years Cryptowatch grew into one of the pillars of the agenda asset trading community,” said Sapek. “Teaming up with an barter was the accustomed abutting step, and Kraken was my aboriginal choice.”

Jesse Powell, arch controlling administrator of Kraken Bitcoin Exchange, sits for a photograph central the company's appointment in San Francisco, California, U.S., on Friday, Aug. 8, 2014. Photographer: David Paul Morris/Bloomberg *** Local Caption *** Jesse Powell

Kraken CEO Jesse Powell added:

This is alone the latest in a alternation of battleground M&A deals for Kraken, which additionally includes CleverCoin, Cavirtex and Coinsetter acquired last year. The closing enabled the barter to expand into the U.S. and Canada. In December, Kraken additionally acquired wallet provider Glidera.

Kraken Launches ETH Dark Pool Trading

Moreover, aftermost May, Kraken appear it would be the aboriginal and alone barter enabling audience to use the (ETH) Dark Pool Trading, acceptance users to “discreetly” abode ample trading orders after advertisement the adjustment book to the public. Kraken was additionally the aboriginal cryptocurrency barter to canyon a cryptographically absolute proof-of-reserves audit.

In December, Kraken partnered with The Economist to accommodate an acknowledgment to one of the best frequently asked catechism in the cryptocurrency advance amplitude (Bitcoin, Ether or Both?) through a competition that was captivated amid thirteen accommodating teams from assorted MBA (Master of Business Administration) programs about the world.

Images courtesy of Shutterstock, Gildera, Kraken