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COINTURK NEWS > Cryptocurrency Exchanges > Kraken Expands Its Presence in Germany
Cryptocurrency Exchanges

Kraken Expands Its Presence in Germany

In Brief

  • Kraken strengthens its strategy with a new partnership in Germany.

  • The partnership with DLT Finance enhances Kraken's services in Germany.

  • Focuses on secure crypto access under Germany's new regulatory framework.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Kripto para alanında hız kesmeden ilerleyen Kraken, Avrupa genişleme stratejisini güçlendirmek için Almanya’da önemli bir adım attı. Bugün duyurulan yeni stratejik ortaklık, Almanya’nın kripto para piyasasındaki potansiyelini ortaya çıkararak Avrupa’daki varlığını daha da güçlendirecek. Hamlenin ayrıntılarına bakalım.

Contents
Kraken’s Move in GermanyWhat Does the Partnership Focus On?

Kraken’s Move in Germany

Kraken’s move can be considered a significant step towards becoming a key player in Europe’s cryptocurrency market. The partnership will be executed with DLT Finance. DLT Finance, a brand of leading BaFin-licensed crypto service providers DLT Securities GmbH and DLT Custody GmbH, offers crypto asset brokerage and custody services.

With DLT Finance’s localized expertise and infrastructure, Kraken can now offer secure and compliant crypto services to millions of users in Germany. Through this partnership, German customers will be introduced to Kraken’s innovative products.

What Does the Partnership Focus On?

Kraken‘s partnership, focusing on its European expansion strategy, strengthens the company’s mission to contribute to the global adoption of crypto assets. According to Kraken officials, considering Germany’s interest in crypto assets, the importance of this market is increasing. With more than 5% of German citizens owning crypto assets, Kraken’s presence in Germany is of critical importance.

DLT Finance Co-Founder and CEO Marius Sewing commented on the partnership, saying, “This partnership will offer customers a safe opportunity to access crypto assets while transitioning to Germany’s new regulatory framework.”

Kraken’s European expansion plans are not limited to Germany alone. Recently announcing intentions to acquire the Netherlands-based crypto broker Coin Meester B.V., Kraken continues to take decisive steps to strengthen its presence across Europe.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 May, 2024 - 3:51 pm 6 May, 2024 - 3:51 pm
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