Jesse Powell, CEO and Cofounder of Kraken said:
We undergo these licensing efforts because Kraken is about making crypto accessible for everyone. This particular license means that a sophisticated class of investors, limited by their own requirements to interface with a regulated venue such as an MTF, will now have access to crypto derivatives in Europe for the first time. More participants means more liquidity and a better experience for everyone.
Timo Schlaefer, CEO of Crypto Facilities commented:
Crypto Facilities has pioneered cryptocurrency derivatives since 2015. We are proud to now become the first licensed cryptocurrency derivatives exchange outside of the US.
More articles about Kraken:
- Crypto exchange Kraken adds 11 new conversion pairs
- Kraken plans to expand in India as crypto ban is lifted
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