Emily Nicolle / Bloomberg:

Kraken acquires US-licensed futures exchange Small Exchange from IG Group, for $32.5M in cash and $67.5M in Kraken parent company's Payward stock, before an IPO  —  Kraken has acquired a US-licensed futures exchange from IG Group as the crypto heavyweight seeks to broaden the range of products it can offer directly to US customers.

Emily Nicolle / Bloomberg:

Kraken acquires US-licensed futures exchange Small Exchange from IG Group, for $32.5M in cash and $67.5M in Kraken parent company's Payward stock, before an IPO  —  Kraken has acquired a US-licensed futures exchange from IG Group as the crypto heavyweight seeks to broaden the range of products it can offer directly to US customers.

Source: TechMeme
Source Link: http://www.techmeme.com/251016/p16#a251016p16