Cryptocurrency exchange Kraken, which previously was ranked as the most secure crypto exchange, has announced the acquisition of Crypto Facilities, a world-leading, regulated crypto trading platform and index provider.
According to the announcement, the acquisition reinforces the exchange’s commitment to meet its clients demands for innovative products and services.
Crypto Facilities was the first regulated entity to offer futures on bitcoin (BTC), ethereum (ETH), ripple (XRP), litecoin (LTC) and bitcoin cash (BCH).
The head of Kraken, Jesse Powell, says the exchange is excited to introduce eligible clients’ to these industry leading futures and index products.
"Over the coming months, our teams will continue to enhance and expand these offerings. We’ve got great stuff in store for traders and institutional clients in 2019," Powell said.
Earlier, the U.S.-based crypto exchange Seed CX announced the launching of spot trading for institutional investors.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.