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29 March 2020

Australia's Oldest Crypto Exchange Joins Growing Roster of Kraken Acquisitions

Australia's Oldest Crypto Exchange Joins Growing Roster of Kraken Acquisitions


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By bringing Bit Trade into the fold, Kraken will look to become the go-to crypto trading solution in Australia — a region that has shown significant interest and expansion in the crypto space, the press release noted. 

Kraken announced its purchase of one of the most prominent OTC trading operations in the crypto space — Circle’s OTC desk — in December 2019 as Circle shifted focus to its stablecoin, USD Coin (USDC), according to a Cointelegraph report.

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