Crypto Exchange Kraken Acquires Staking Platform Staked
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Cryptocurrency exchange Kraken has acquired a non-custodial staking platform called Staked. According to an announcement, with the acquisition the exchange wants to position itself as a "leading provider of staking services." While the price of the deal remains undisclosed, the exchange says this is "one of the largest crypto industry acquisitions to date."

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"We are excited to add Staked to our portfolio of yield products, which has seen great uptake by a growing population of crypto investors," said Kraken CEO, Jesse Powell.

Critical Vulnerability is Found in Ethereum 2.0 Staking Protocols

Earlier in November, another staking data provider Staking Rewards raised $3.2 million from Galaxy Digital, CoinShares, and Digital Currency Group. The service plans to use the proceeds to expand its growth and positioning as the data hub for the $40 billion staking industry. Other investors such as 1kx Capital, Sygnal Ventures, CoinMarketCap team members, and NxGen also participated in the funding.

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