Kraken bought CFTC-licensed Small Exchange for $32.5 million in cash and $67.5 million in stock, IG announced on Thursday.
Kraken has acquired a US-licensed futures exchange from IG Group as the crypto heavyweight seeks to broaden the range of products it can offer directly to US customers.
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his ...