RATE Group | Kraken Installs Crypto OTC Guru as Head of Dev for Bitcoin Futures Platform
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Kraken Installs Crypto OTC Guru as Head of Dev for Bitcoin Futures Platform

27 Jul Kraken Installs Crypto OTC Guru as Head of Dev for Bitcoin Futures Platform

Posted at 09:21h in Cryptocurrency News by

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United States cryptocurrency exchange Kraken has hired the ex-managing director of over-the-counter (OTC) trading platform B2C2 to head of development at its new Bitcoin futures operation.

Kevin Beardsley, who previously led the United Kingdom-based company for a year, will now oversee Kraken Futures’ expansion as volumes hit $2.5 billion in June. 

Beardsley confirmed the news linking to comments he made to cryptocurrency news outlet The Block. 

“Being a pretty wide range of different types of participants, I have a pretty good understanding of what people are looking for and how to meet those needs,” he said. 

Kraken acquired its futures operation earlier this year. Formerly known as Crypto Facilities, the operation is still based in London.

Going forward, the exchange, which raised $13 million in funding last month, will compete with an increasing variety of futures options for cryptocurrency, several of which are surfacing from other trading platforms such as Binance and

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