Kraken Acquires One of Australia’s Longest-Running Crypto Exchanges – CoinDesk

Kraken Acquires One of Australia’s Longest-Running Crypto Exchanges – CoinDesk

U.S.-based Kraken announced its plans for expansion into the Asia-Pacific (APAC) region on Tuesday after acquiring one of Australia’s longest-running cryptocurrency exchanges, Bit Trade. Kraken is aiming to position itself as the premier cryptocurrency service within the region, identifying Australia as a key growth area for retail and institutional clients.