Kraken's move to acquire a Dutch exchange paves the way for its European expansion, offering enhanced services and innovative solutions.
Kraken’s move to acquire a Dutch exchange paves the way for its European expansion, offering enhanced services and innovative solutions.The exact financial terms of the deal remain undisclosed.
CEO David Ripley emphasized the allure of the Netherlands for Kraken. He cited the nation’s robust economy, high cryptocurrency adoption rates, and a culture of innovation as compelling reasons to make it a base of operations.This acquisition positions Kraken to make a significant impact on the Dutch cryptocurrency market. It also offers BCM’s clientele access to an enhanced suite of services.
Established in 2017, BCM, formerly known as Bitcoin Meester, provides cryptocurrency trading and staking services. It also offers access to a vast array of over 170 cryptocurrencies.
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