Kraken Expands Presence in European Market with New Partnership

Monday, 6 May 2024, 17:35

Kraken enters into a strategic alliance with DLT Finance in Germany to offer innovative crypto solutions, signaling its expansion in Europe. The partnership facilitates Kraken's provision of crypto services to German clients through the expertise of DLT Finance. This move underscores Kraken's commitment to enhancing its presence in the European market and complying with local regulations.
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Kraken Expands Presence in European Market with New Partnership

Kraken Expands to Europe After Strategic Alliance in Germany

Kraken, a cryptocurrency exchange, has officially announced a strategic partnership to expand its crypto product offerings in Germany.

Kraken Partners With DLT Finance In Germany

Scheduled to start on July 10, 2024, this collaboration will see Kraken providing German clients access to crypto. The partnership leverages the expertise and infrastructure of DLT Finance. This is a subsidiary of BaFin-licensed entities DLT Securities GmbH and DLT Custody GmbH.

Specializing in digital asset prime brokerage and crypto custody services, DLT Finance is well-equipped to ensure secure and compliant transactions for millions of potential crypto users in Germany.

David Ripley, CEO of Kraken, emphasized the importance of collaboration with industry-leading partners to accelerate the global adoption of cryptocurrencies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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