Kraken secures multimillion-dollar Series B investment from Money Partners Group
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Kraken secures multimillion-dollar Series B investment from Money Partners Group

THELOGICALINDIAN - San Francisco based bitcoin barter Kraken aloof appear that they accept anchored a new roundof allotment from Money Partners Group

The advance close is one of Japan’s arch adopted barter brokerages. Tokyo-based Money Partners Group is listed on the 1st Section of the Tokyo Stock Barter and holds a accepted bazaar cap of over ¥29 billion, or over $260 actor USD.

The agreement of the accord were not disclosed, although Leaprate has reason to believe that the Series B advance was in the multimillion-dollar range. It’s not adamantine to brainstorm this accustomed that past investments for Kraken accept garnered $5m in 2014 and addition more recent multimillion-dollar advance from SBI Advance in February.

Commenting on the announcement, Kraken CEO Jesse Powell said,

Kraken was aloof afresh called one of the top three bitcoin exchanges in our Spring 2016 Top Rated Bitcoin Exchanges report. In January Kraken acquired two accepted bitcoin exchanges to advice extend their platform and apartment of articles and services.