Kraken seeks targets in Europe
The American exchange platform, which has no local registration in Europe, is reportedly looking to get its hands on a regulated player.
Kraken, which was founded in 2011, has already had a presence in Europe for years. In particular, the company has offices in Berlin, which act as its informal European headquarters.
But it would appear that the company would like to accelerate on the Old Continent and the arrival of the European MiCA regulation has not helped: from the end of 2024, Kraken will absolutely have to comply with MiCA to continue operating in the 27 member countries of the European Union; until now, the platform has not held any local registrations... The acquisition of a regulated European player could speed things up. 🇪🇺
This move could also be linked to the regulatory context in the United States. Kraken announced a few weeks ago that it was shutting down its staking service due to an investigation by the US Securities and Exchange Commission (SEC).
Contacted, the platform did not wish to react.
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