Kraken bought CFTC-licensed Small Exchange for $32.5 million in cash and $67.5 million in stock, IG announced on Thursday.

Kraken bought Small Exchange for $100 million to launch a CFTC-regulated US derivatives platform for futures and options trading.

IG Group Holdings disposed of its Chicago-based futures exchange in a $100 million deal with crypto exchange Kraken parent Payward Inc as it bulks up on its cryptocurrency offerings.

Kraken just signed a $100 million deal to buy IG Group’s Small Exchange, pulling the crypto giant deeper into the U.S.

Kraken has acquired a US-licensed futures exchange from IG Group as the crypto heavyweight seeks to broaden the range of products it can offer directly to US customers.

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Important Disclosure: The content provided does not consider your particular circumstances and does not constitute personal advice. Some of the products promoted are from our affiliate partners from ...

(Alliance News) - IG Group Holdings PLC on Thursday said it has increased its exposure to cryptocurrency markets by taking a stake in Payward Inc, the owner of crypto exchange Kraken. IG is a ...