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Kraken integrates crypto prop trading after Breakout buy
Kraken has fully integrated a prop trading function, following its purchase of Breakout in September. The cryptocurrency exchange now has a dedicated sub-section on its website, directing users to Breakout’s evaluation. As a major, widely used exchange, Kraken’s integration of the crypto prop trading business marks one of the first times a top-tier mainstream crypto platform has fully embedded a prop-trading arm. Depending on how this plays out, this may add credibility to retail prop trading, with the business models of many such firms still viewed with scepticism, particularly in the UK. Kraken advertises that ... (full story)
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