Kraken Continues Acquisition Spree, Buys Dutch Bitcoin Exchange CleverCoin

[kreslik.news]

Kraken, already one of the largest cryptocurrency trading venues in the world, has taken over yet another bitcoin exchange  – Netherlands-based CleverCoin. This comes less than six months after Kraken acquired both Coinsetter and Cavirtex and entered the US and Canadian markets.

Founded in 2013, CleverCoin is a graduate of Boost VC, the accelerator backed by venture capitalists Tim and Adam Draper. The financial terms of the acquisition deal were not disclosed.

CTO and co-founder Karsten Nilsen said: “Kraken is the ideal custodian for CleverCoin going forwards. They are, by every measure, the largest bitcoin and digital asset exchange in Europe and our core beliefs are ... (read more)