Cryptocurrency exchange Kraken has deepened its foothold in the U.S. derivatives sector through a $100 million acquisition of Small Exchange, a designated contract market (DCM) regulated by the Commodity Futures Trading Commission (CFTC). The move marks a significant step toward building a fully U.S.-based derivatives ecosystem that aligns with the exchange’s global ambitions. The purchase from IG Group gives Kraken the necessary regulatory foundation to design and operate markets for exchange-listed derivatives in the U.S.—a privilege reserved for a select […]

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