During the last couple of months, Kraken has managed to become the largest cryptocurrency exchange in Europe, with tens of thousands of people exchanging bitcoin and other currencies on a daily basis.

According to recent reports, Kraken has just acquired the Dutch Bitcoin exchange known by the name of CleverCoin. This move will allow the company to further consolidate its place in Europe, with CleverCoin being the third exchange to be wholly swallowed by Kraken this year, after Coinsetter and Cavirtex which were both acquired less than six months ago.