Kraken is a bitcoin exchange in euro volume and liquidity that trades various currencies, including Canadian dollars, US dollars, British pounds, and Japanese yen.
Kraken was the first bitcoin exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, a partner in the first cryptocurrency bank, and one of the first exchanges to offer leveraged bitcoin margin trading.
Kraken was founded in Jul 2011 by Jesse Powell and is based in San Francisco, CA.
Kraken is trusted by hundreds of thousands of traders, institutions, and authorities across the world, from Toyko’s court-appointed trustee to Germany’s BaFin regulated Fidor Bank.
Kraken has raised a total amount of $6.5M in 3 funding rounds as of Apr 12, 2016 when the company secured a Series B funding from Money Partners Group. The company has also acquired Cryptowatch, CleverCoin, Cavirtex, Glidera & Coinsetter as of March 2017.
Kraken is backed by investors including SBI Investment, Money Partners Group, Hummingbird Ventures, Blockchain Capital, and Digital Currency Group, among others.