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Cryptocurrencies

Kraken acquires Cryptowatch and debuts new trading interface

Friday 3 March 2017 | 09:35 AM CET

Kraken, a cryptocurrency exchange, has acquired Cryptowatch, a site that provides real-time market information and trading services.

Furthermore, Kraken has also debuted a new trading interface to provide a new charting and trading platform to its clients. The exchange will keep Cryptowatch founder Artur Sapek to further develop the toolkit.

According to CoinDesk, the market portal has reportedly seen a rapid rise in its active user base, experiencing 700% growth in the past two years, and the Kraken deal was the “natural next step” in maintaining the site's status in the digital asset trading community.

Kraken has added a plethora of companies to its portfolio in recent years, including digital currency exchanges Coinsetter, Cavirtex and Clevercoin.

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