U.S.-based cryptocurrency exchange platform Kraken has completed the largest transaction in its history after it made its foray into the futures trading world with the acquisition of London-based Crypto Facilities.
The acquisition will position the two companies into a partnership wherein they will seek to expand their products and services, taking particular aim at institutional investors.
Luxembourg-based cryptocurrency exchange Bitstamp announced its acquisition by Belgium private equity firm NXMH Holdings, whose parent company NXC also owns South Korean crypto exchange Korbit.
If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings.
“Using blockchain and other technologies, Medici Land Governance (MLG) will create systems to collect and easily secure property ownership information,” a press release had stated.
