Kraken - CryptoWiki

Template:Infobox exchange

Kraken is a US based prominent[1] bitcoin exchange operating in Canada,[2] the EU,[3] Japan,[4] and the US, and "the world's largest bitcoin exchange in euro volume and liquidity".[5][6][7][8][9]

It currently has oversight of Mt. Gox claims for lost bitcoins.[4]In June 2016, Kraken added Ethereum Dark Pool trading for large bitcoin buyers.[10][11]

Kraken provides Bitcoin pricing to the Bloomberg Terminal.[12] In April 2017, According to the reports, Kraken launched fiat funding options to transfers denominated US dollars and government-issued currencies.[13]

Acquisitions

Several acquisitions of other bitcoin businesses have allowed Kraken to expand rapidly.

  • 19 January 2016 - the American Coinsetter and the Canadian Cavirtex[14][15]
  • 27 June 2016 - the Dutch CleverCoin[3]
  • 13 December 2016 - the American Glidera[16]
  • 1 March 2017 - charting and trading platform CryptoWatch[17]

History

On April 17, 2018 it was announced that Kraken would cease operations for Japanese-based investors,[18][19] with a firm cut-off date for services planned by the end of June 2018. Non-resident Japanese traders with domestic banks could continue to access trading activities in the local market. Kraken is not registered among trading platforms with the Japanese financial watchdog, the Financial Services Agency (FSA).

Team

  • Jesse Powell, CEO, founder
  • David Ripley, COO
  • Kaiser Ng, CFO
  • Christina Yee, Chief Brand Officer

References

  1. "These are the biggest names in bitcoin and blockchain tech". yahoo.com. Retrieved 2 June 2016. 
  2. Reuters Editorial (29 June 2015). "Industry Leading Bitcoin Exchange Kraken Opens in Canada with Vogogo". Reuters UK. 
  3. 3.0 3.1 Kraken (27 June 2016). "Kraken Acquires Dutch Bitcoin Exchange CleverCoin". Kraken. Retrieved 28 June 2016. 
  4. 4.0 4.1 Nichols, Shaun. "Lost your shirt in the MtGox Bitcoin mess? Release the Kraken!'. The Register. 25 May 2016. Accessed 17 June 2016.
  5. "VC-backed Kraken to buy Canadian bitcoin exchange Cavirtex". Buyouts Insider / Argosy Group LLC. 2016. 
  6. "Exchange volume distribution". Bitcoin Charts. Retrieved 2017-03-01. 
  7. "Exchanges". Bitcoin Watch. Retrieved 2017-03-01. 
  8. "Bitcoin exchanges". Bitcoinity. Retrieved 2017-03-01. 
  9. "Bitcoin trading volume (EUR)". Bitcoinity. Retrieved 2017-03-01. 
  10. "Kraken Bitcoin Exchange Added Ethereum Dark Pool Trading | Finance Magnates". Finance Magnates | Financial and business news. 2016-05-19. Retrieved 2017-10-19. 
  11. "Kraken Releases Dark Pool Program for Large Bitcoin Buyers". CryptoCoinsNews. 2015-06-11. Retrieved 2017-10-19. 
  12. "Bitcoin Now on Bloomberg". 30 April 2014. business and financial professionals can now monitor and chart data from bitcoin exchanges Coinbase and Kraken 
  13. "Bitcoin Exchange Kraken Launches New Fiat Funding Options - CoinDesk". CoinDesk. 2017-04-18. Retrieved 2017-11-17. 
  14. Kraken (19 January 2016). "Kraken Acquiring Coinsetter and Cavirtex to Expand in US and Canada". Kraken. Retrieved 28 June 2016. 
  15. Joseph Young (2 March 2016). "Kraken Reports 2x Increase in New Accounts After U.S. Expansion". Bitcoin Magazine. Retrieved 28 June 2016. 
  16. Flanagan, Will. "Chicago bitcoin startup Glidera acquired by San Francisco digital currency exchange". Chicago Business Journal. American City Business Journals. Retrieved 27 December 2016. 
  17. "Kraken Acquires Cryptowatch and Launches New Trade Platform". Retrieved 1 March 2017. 
  18. "Cryptocurrency Exchange Kraken to Shutter Services in Japan" | Coindesk
  19. "日本居住者向け仮想通貨交換業サービスの廃止について" | Kraken (Japanese)

External links