Kraken Continues Acquisition Spree, Buys Dutch Bitcoin Exchange CleverCoin

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Kraken, already one of a largest cryptocurrency trade venues in a world, has taken over nonetheless another bitcoin exchange  – Netherlands-based CleverCoin. This comes reduction than 6 months after Kraken acquired both Coinsetter and Cavirtex and entered a US and Canadian markets.

Founded in 2013, CleverCoin is a connoisseur of Boost VC, a accelerator corroborated by try capitalists Tim and Adam Draper. The financial terms of a merger understanding were not disclosed.

CTO and co-founder Karsten Nilsen said: “Kraken is a ideal protector for CleverCoin going forwards. They are, by each measure, a largest bitcoin and digital item sell in Europe and a core beliefs are ideally aligned. As of today, CleverCoin clients will have seamless entrance to all a facilities and advantages of Kraken’s tellurian brand, including a ability to trade many of a many renouned banking pairs, a latest technology, a many modernized security, and faster Single Euro Payments Area (SEPA) transfers.”

Former CEO and co-founder Christian de Kok added: “We started CleverCoin to yield entrance to bitcoin to traders via Europe, and currently we could not be prouder of a accomplishments. Since 2013, we’ve helped tens of thousands of people trade bitcoin and have entrance to a fastest SEPA payments of any crypto exchange, rivaled

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