Kraken signs $100 million deal for Small Exchange to bulk up US derivatives business

Investing.comThursday, October 16, 2025 at 5:43:13 PM
Kraken signs $100 million deal for Small Exchange to bulk up US derivatives business
Kraken has made a significant move by signing a $100 million deal to acquire Small Exchange, aiming to enhance its presence in the US derivatives market. This acquisition is crucial as it allows Kraken to diversify its offerings and compete more effectively in the rapidly evolving financial landscape, particularly in cryptocurrency trading. By bolstering its derivatives business, Kraken is positioning itself as a key player in the market, which could lead to increased trading volume and customer engagement.
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