- DLT Finance and Kraken collaborate to grow in Germany.
- German customers can obtain cutting-edge cryptocurrency goods.
- The cryptocurrency exchange will improve Europe’s product lineup.
- The cryptocurrency exchange Kraken has formally declared a strategic alliance to increase the range of bitcoin products it offers in Germany.
In its continuous efforts to expand its market share in Europe, Kraken has taken a major step forward with this endeavor.
In Germany, Kraken Partners With DLT Finance
Beginning on July 10, 2024, Kraken will work with German clients to give them access to cryptocurrency. The collaboration makes use of DLT Finance’s infrastructure and knowledge. This is a division of DLT Securities GmbH and DLT Custody GmbH, which hold BaFin licenses.
With a focus on prime brokerage for digital assets and crypto custody services, DLT Finance is well-positioned to guarantee safe and legal transactions for millions of prospective German cryptocurrency consumers.
The CEO of Kraken, David Ripley, stressed the value of working with partners who are leaders in the field to hasten the adoption of cryptocurrencies throughout the world.
Additionally highlighting the strategic nature of this collaboration, Kraken declared its plan to purchase Dutch cryptocurrency broker Coin Meester B.V. This demonstrates its dedication to growing its business while adhering to European laws.
With the Central Bank of Ireland’s E-Money Institution accreditation and successful registrations as a Virtual Asset Service Provider in other European nations, Kraken’s European expansion is noteworthy. Additionally, Kraken was able to register as a Crypto Service Provider in the Netherlands this year.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
