Kraken closes $100M for IG's Small Exchange to enter US futures market
Kraken just signed a $100 million deal to buy IG Group's Small Exchange, pulling the crypto giant deeper into the U.S. regulated futures market. The deal, announced Thursday by both companies, includes $32.5 million in cash and $67.5 million in stock from Kraken's parent company Payward. This deal gives Kraken a Designated Contract Market (DCM) [...]