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Kraken unveils acquisition of Magna

Kraken has acquired #Magna , a leading token management platform used by crypto-native teams to manage vesting, claims, distributions, and related operational workflows. It marks the exchange’s sixth deal in the past year, including its $1.5B acquisition of the U.S. futures platform #NinjaTrader in March.

👉 x.com/krakenfx/status/2024153773656997910

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Kraken unveils acquisition of Small Exchange for $100M

Kraken has acquired #SmallExchange , a U.S.-licensed Designated Contract Market operator, for $100M. Through this acquisition, Kraken will be able to establish a fully U.S.-based derivatives trading platform. The deal builds on Kraken’s earlier move into the U.S. derivatives market, following its acquisition of the futures platform #NinjaTrader earlier this year.

👉 theblock.co/post/374887/kraken-buys-small-exchange

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