Kraken Boosts US Presence By Acquiring TradeStation Crypto

Kraken Boosts US Presence By Acquiring TradeStation Crypto


The exchange obtains more regulatory licenses in the United States.

Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18).

Cryptocurrency exchange Kraken has taken another move towards expanding its regulatory licensing with the acquisition of TradeStation Crypto. TradeStation Crypto To Unlock New Opportunities TradeStation Crypto is the digital assets unit of TradeStation Group which is part of Monex Group.

Kraken said Thursday it acquired TradeStation crypto to expand its business' reach in the U.S.

The takeover, which hasn't been previously disclosed publicly, expands the cryptocurrency exchange's regulatory licensing in the U.S.

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