02 Aug Kraken Exchange acquired a company to control cryptocurrency
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01/08/19 06:21 UTC-5
On July 31, a major cryptocurrency exchange based in San Francisco, Kraken, announced it had acquired Interchange, a company that allows institutional investors to “better control their cryptocurrency assets.”
Acquisition of Interchange
The exchange says that along with Cryptowatch – the Kraken platform for exchanging exchanges, tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details and portfolio tracking – Interchange “will provide investors and traders with a comprehensive solution for managing and optimizing their portfolios.”
Interchange offers professional portfolio accounting and reconciliation tools for digital asset markets.
According to Kraken executives, in less than a year, Interchange has expanded its client portfolio to more than 60 institutions, including hedge funds and fund managers…
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