RATE Group | Kraken Acquires Institutional-Grade Cryptocurrency Portfolio Reconciliation Solution Int…
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Kraken Acquires Institutional-Grade Cryptocurrency Portfolio Reconciliation Solution Int…

31 Jul Kraken Acquires Institutional-Grade Cryptocurrency Portfolio Reconciliation Solution Int…

Posted at 16:12h in Cryptocurrency News by

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SAN FRANCISCO–(BUSINESS WIRE)–Kraken, consistently rated the most secure digital asset exchange and leader in euro volume since 2013, today announced the acquisition of Interchange, a best-in-class accounting, reconciliation and reporting service provider for cryptocurrency hedge funds, asset managers and fund administrators.

The transaction creates the world’s first end-to-end crypto trading and reconciliation platform, and brings Interchange co-founders and well-respected crypto veterans Dan Held and Clark Moody to Kraken.

Interchange offers professional-grade accounting and portfolio reconciliation tools designed specifically for the nuances and complexities of digital asset markets. Founded to improve access to crypto markets, Interchange enables institutional investors to better monitor and report their cryptocurrency holdings. In less than a year, the Interchange team has brought a new, next-generation product to the institutional marketplace, and is…

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