Mon, Sep 28, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Kraken boosts institutional offerings with the acquisition of Interchange

Thursday, August 01, 2019

Laxman Pai, Opalesque Asia:

Kraken, one of the world's longest-operating cryptocurrency exchanges, has just acquired Interchange, which offers crypto-asset management solutions for institutional players.

According to a press release, the transaction creates the world's first end-to-end crypto trading and reconciliation platform and brings Interchange co-founders and well-known crypto veterans Dan Held and Clark Moody to Kraken.

Interchange serves over 60 clients, including fund administrators, hedge funds and crypto exchanges. It offers accounting and portfolio reconciliation tools designed for the nuances and complexities of digital asset markets.

Founded to improve access to crypto markets, Interchange enables institutional investors to monitor and report their cryptocurrency holdings. Its clients including MG Stover, the world's largest fund administrator for digital asset funds, value the reliability and intuitive nature of the software.

Since 2014, Kraken has registered a triple-digit growth rate in institutional clients year-on-year and continues to create new and products to address their persistent challenges.

Together with Cryptowatch - Kraken's popular multi-exchange charting, trading, and portfolio-tracking platform - Interchange will provide investors and traders with an end-to-end solution to manage and optimize their portfolios, the release said.

The addition of Interchange will enable Cryptowatch to offer a set of products......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing: Tech stocks aren't in a bubble, but investors should be pickier, Credit Suisse says, Pandora tops world's best-performing market as hedge funds exit, What Bill Ackman is investing in now[more]

    Tech stocks aren't in a bubble, but investors should be pickier, Credit Suisse says From Business Insider: Credit Suisse on Thursday trimmed its overweight rating for tech stocks, recommending investors be more selective with their sector picks. Crowding in tech giants and the stocks&#

  2. Investing: Third Point buys stakes in Facebook, Alibaba in Q2, exits Sony, Allergan, Here's what investors with $3.4tn are buying during covid, An energy trader seeks profit from batteries in European markets, Hedge fund ARCM to sell $200m of Premier Oil debt[more]

    Third Point buys stakes in Facebook, Alibaba in Q2, exits Sony, Allergan Third Point LLC acquired new stakes in Facebook Inc. and Chinese e-commerce companies Alibaba Group Holding Ltd. and JD.com Inc. during the second quarter of 2020 as it divested positions in Sony Corp. and drugmaker

  3. PE/VC: Investors have bet big that you can get private equity returns in the public markets. A new study says otherwise, Aberdeen's Bonaccord teams up with CAZ to buy stakes in private markets managers, The role of private equity in economic recovery from Covid-19[more]

    Investors have bet big that you can get private equity returns in the public markets. A new study says otherwise From Institutional Investor: New research suggests private-equity-owned firms respond differently to financial distress - and that the resulting performance "cannot be replicat

  4. Opalesque TV: Meet a Swiss fund manager who hedges with a difference[more]

    B. G., Opalesque Geneva: There is a quant manager in Zurich that does things a little differently, which has helped a lot so far this year. ICON Asset Management, which was mentioned in the

  5. Franklin Templeton creates new unit with QS Investors[more]

    Laxman Pai, Opalesque Asia: Franklin Templeton will combine recently acquired QS Investors, a Legg Mason subsidiary, with Franklin Templeton Multiasset Solutions (FTMAS) business into a single consolidated unit. Effective Oct. 1, the combined business, called Franklin Templeton Investment Sol