Less than two weeks ago, Bitcoin exchange Kraken announced the purchase of U.S. Coinsetter and the Canadian CaVirtex exchanges, in what may just be, one of the biggest acquisitions in the bitcoin sector.
Prior to this purchase, Kraken focused on their European market, where they traded around 5000-7000 bitcoin per day. Now, that the companies have all integrated into a single one, the traded amounts have increased considerably.
Well, recent reports indicate that a new deal has been made. With this in mid, Kraken, the global bitcoin exchange has managed to secure a multi-million dollar agreement with the folks behind SBI investment, which is the venture capital arm of the SBI Holdings department. For those who do not know, this represents the world’s first web-based financial conglomerate, uniting financial firms from all around the world. The company has also reported that they have an operating revenue of around $2bn, thus placing them in the same list with some of the top world’s companies.