CA-CRYPTO-FACILITIES
Kraken, consistently rated the most secure digital asset exchange1 and leader in euro volume since 2013, today announced the acquisition of Crypto Facilities, a world-leading, regulated cryptocurrency trading platform and index provider. The combination creates a global leader in cryptocurrency spot and futures trading.
London-based Crypto Facilities offers individuals and institutions transparent, secure, 24/7 trading on a range of cryptocurrency derivatives. A pioneer in the industry, the firm was the first regulated entity to list futures on Bitcoin, Ethereum, Ripple XRP, Litecoin and Bitcoin Cash. The firm is also the leading cryptocurrency index provider, calculating the CME CF Bitcoin Reference Rate that powers the CME Group’s Bitcoin futures. Users value the high integrity, low latency marketplace that Crypto Facilities provides under the regulatory supervision of the UK’s Financial Conduct Authority.
The acquisition of Crypto Facilities reinforces Kraken’s commitment to meeting client demand for innovative products and services that complement its core spot exchange and white-glove OTC service. Eligible Kraken clients will gain access to futures on six cryptocurrency pairs2 , providing a highly efficient way to trade and hedge cryptocurrency in any market environment.
Trusted by more than 4 million clients in over 190 countries, including professionals, institutions and authorities, Kraken delivers seamless trading in 20 digital assets and 70+ currency pairs, and offers the industry’s most popular advanced charting, trading and portfolio tracking tools through Cryptowatch.
“I’m thrilled to welcome the Crypto Facilities team into the Kraken family,” said Kraken CEO Jesse Powell . “We are excited to introduce eligible clients to these industry leading futures and index products. Over the coming months, our teams will continue to enhance and expand these offerings. We’ve got great stuff in store for traders and institutional clients in 2019.”
Timo Schlaefer, Crypto Facilities CEO and Founder, said : “It has been our mission to build the most sophisticated, powerful and user friendly cryptocurrency trading platform. Teaming up with Kraken allows us to innovate the next generation of products and tremendously boosts the value we are able to provide to our clients.”
Crypto Facilities will remain London-based, benefiting from the regulatory oversight of the Financial Conduct Authority, one of the world’s most forward looking and innovation-focused regulators, and reflecting Kraken’s commitment to the UK as the leading financial and cryptocurrency hub in Europe.
The nine-figure deal is Kraken’s largest acquisition to date and one of the largest the industry has seen. Kraken’s previous acquisitions include major Bitcoin exchanges Coinsetter, Cavirtex and CleverCoin; the award-winning wallet funding service Glidera; and the popular multi-exchange charting, trading and portfolio tracking platform Cryptowatch.
-Ends-
About Kraken
Based in San Francisco, Kraken is the world’s largest global bitcoin exchange in euro volume and liquidity. Kraken’s clients also trade US dollars, Canadian dollars, British pounds, Japanese yen and other digital currencies on a platform consistently rated the best and most secure bitcoin exchange by independent news media.
Founded in 2011, Kraken was the first bitcoin exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit and one of the first exchanges to offer leveraged bitcoin margin trading.
Kraken is trusted by over 4 million traders, institutions and authorities across the world. In 2018 the exchange processed nearly $90 billion in volume while its white-glove OTC desk handled over $2 billion in trades. Since 2016, Kraken has acquired major bitcoin exchanges Coinsetter, Cavirtex and CleverCoin; the award-winning wallet-funding service Glidera; and the popular multi-exchange charting, trading and portfolio tracking platform Cryptowatch, expanding its global reach.
Kraken is backed by investors including Hummingbird Ventures, Blockchain Capital and Digital Currency Group, among others. For more information about Kraken, please visit https://www.kraken.com .
About Crypto Facilities
Crypto Facilities is a world-leading cryptocurrency trading platform, offering individuals and institutions regulated, transparent and secure derivatives trading 24/7/365. The firm was the first regulated entity to offer futures on Bitcoin, Ethereum, Ripple XRP, Litecoin and Bitcoin Cash. The firm is also the leading cryptocurrency index provider, calculating and administering the CME CF Bitcoin Reference Rate powering the CME Group’s Bitcoin futures. Founded in 2015 and headquartered in London, Crypto Facilities Ltd is authorised and regulated by the UK’s Financial Conduct Authority (FRN: 757895). For more information on Crypto Facilities, please visit https://www.cryptofacilities.com .
1
https://icorating.com/report/exchange-security-report-v-20-update
https://www.group-ib.com/resources/threat-research/cryptocurrency-exchanges.html
https://blog.cer.live/analytical-assessments/top-100-exchanges
2 XBT:USD, ETH:USD, LTC:USD, BCH:USD, XRP:USD and XRP:XBT
View source version on businesswire.com: https://www.businesswire.com/news/home/20190204005174/en/
Contact:
Christina Yee, christina@kraken.com
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
De’Longhi Launches the Perfetto 3.0 Global Campaign Starring Brad Pitt to Solidify Its Worldwide Coffee Leadership8.9.2025 19:43:00 CEST | Press release
Premiered at the Venice Film Festival, the new campaign captures the emotions and experience of the Perfetto coffee ritual De’Longhi has launched its third global campaign centered on the world of coffee on the occasion of the 82nd Venice Film Festival, where the brand is a supporter and present with special activations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250908690655/en/ Brad drinking coffee The new campaign reflects De’Longhi’s continued evolution into alifestyle brand rooted in Italian design and innovation. This 3rd chapter builds upon a proven track record from recent years, which has supported the Group in growing the business and solidifying its market leadership. This campaign is set to be the Group's most extensive to date, with significant consumer reach across all traditional, digital, and social media channels, engaging and targeting the broadest possible audience among coffee lovers and prospective c
Second Front Systems to Launch Game Warden® Platform on AWS European Sovereign Cloud8.9.2025 18:31:00 CEST | Press release
Availability on AWS European Sovereign Cloud will enable accelerated ISV compliance and deployment while meeting stringent data sovereignty requirements. Second Front Systems (2F), a Technology Partner in the Amazon Web Services (AWS) Partner Network (APN), today announced that its 2F Game Warden® platform will be available on AWS European Sovereign Cloud. The announcement builds on Second Front's deep technical expertise and proven customer success in delivering security solutions on AWS. Organizations across Europe face complex regulatory requirements, including Germany's C5, and the EU's Digital Operational Resilience Act (DORA) and NIS2 Directive. The availability of 2F Game Warden on AWS European Sovereign Cloud provides a pre-validated solution that helps customers meet these stringent compliance requirements while maintaining data residency within EU borders. “Digital sovereignty isn’t just about compliance—it’s about building trust and resilience,” said Tyler Sweatt, CEO of Sec
Experian Ranked 6th in 2025 IDC FinTech Rankings: Top 1008.9.2025 18:15:00 CEST | Press release
Places in the top-10 global technology providers for the fourth consecutive year Experian today announced that it was ranked 6th in the 2025 IDC FinTech Rankings: Top 100, rising one spot from last year’s rankings and placing in the top-10 global technology providers for the fourth consecutive year. The FinTech Rankings feature enterprise companies from around the world that serve multiple industries and generate significant revenues from the financial services and FinTech industries. “Experian helps financial services organizations tackle their toughest business challenges by delivering continuous innovation in AI decisioning, advanced analytics, and fraud prevention,” said Alex Lintner, CEO of Experian Technology & Software. “As one of the world’s largest FinTech companies, this recognition underscores how we empower customers globally to accelerate operations, expand financial inclusion, reduce risk with transformative AI, and ultimately drive stronger business results.” A prime exa
Balsam Hill Proudly Announces Its Commitment to a More Sustainable Christmas Tree8.9.2025 18:00:00 CEST | Press release
Balsam Hill®, the global leader in high-quality, true-to-nature, reusable, artificial Christmas trees and holiday décor, proudly announces an innovation in how its heirloom-quality Christmas trees are now being made using more sustainable materials. Since 2006, Balsam Hill has been committed to reusability, quality, realism, and innovation in the Christmas trees its millions of customers have come to love. In that spirit, Balsam Hill is proud to be the first retailer in the world to offer Christmas trees with True Needle® tips made with plant-based polyethylene, derived from sugarcane, not fossil fuels. And just as exciting, as of the holiday 2025 season production line, all the brand’s other True Needle trees will now incorporate 30% post-consumer GRS-certified recycled polyethylene made from tear-away water bottle caps. Both changes were made without sacrificing the quality controls and safety considerations required for each Balsam Hill tree, including the company’s three-year warra
Xsolla and Global Game Jam Announce a New Webinar to Help Indie Developers Grow Player Bases and Generate First Sales for Their Games8.9.2025 18:00:00 CEST | Press release
Practical Strategies For Attracting Players And Monetizing Games Will Be Shared In A Live Panel Featuring Xsolla Leaders, Game Developers, And Industry Experts Xsolla, a leading global video game commerce company, announces a new collaboration with Global Game Jam (GGJ) to host a live webinar for indie developers titled “From Zero to 1K: Growing Your Player Base and Making Your First $$.” The session will take place on Tuesday, September 9, 2025, at 10:00 AM PT, offering actionable strategies to help developers attract their first audience and begin generating sustainable revenue. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250908673871/en/ (Graphic: Xsolla) Bringing together game industry leaders and experienced developers, the event will provide beginner-friendly insights on how to make a game appealing to players while establishing effective monetization tactics. Attendees will learn how to avoid common early mistakes
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom