Cryptocurrency exchange Kraken has acquired TradeStation Crypto, the digital asset-focused division of online brokerage TradeStation, to expand its regulatory licensing and presence in the United States.
TradeStation Crypto, based in Florida, has obtained money transmitter and other regulatory licenses across most U.S. states in recent years. Kraken’s acquisition of TradeStation Crypto marks a strategic step to accelerate its growth and introduce new product offerings in the U.S. market.
A spokesperson for Kraken confirmed the acquisition, stating that it…
Visit Original Source for Full Article: Source link