Asset 1Logo

Kraken - the only regulated spot & futures crypto exchange with over $85bn in trading volume in 2018 alone

Raised so far
US$13,159,831 / US$15,450,000
Time remaining Finished
Investors 2133
Minimum investment goal US$6,200,000
TYPE Equity 0.3862%
Business info
Pitch by
Account removed
Team member
Bnk To The Future Team Member
Ph
Team member
Account removed
Team member
Bf Investor Relations
Gb
Team member
Kraken Support
Pl
Team member
Shakil Bf Support
Bd
Team member
Bf Investor Relations
Im

The goal has been raised from $10.2m due to popular demand

Overview

  • One of the leading and oldest (founded in 2011) global fiat exchanges

  • Headquartered in San Francisco with approximately 800 employees

  • Ranked Top 5 in legitimate volume, with over 4M clients (in nearly 200 countries)

  • $85B in 2018 trade volume with a 387% CAGR

  • Consistently ranked as #1 in security

Offering

  • Trading in 24 crypto assets & 74 trading pairs (with plans to add more)

  • Funding in 5 fiat currencies (e.g., USD, EUR, CAD, JPY, GBP)

  • 7 (and counting) established bank & payments partners

  • Up to 5x margin & 50x futures trading

  • API's for trading & market data

  • Established banking partners, client on-boarding infrastructure & AML/KYC policies capture significant upside from institutional adoption

Top Acquisitions

  • CryptoWatch (US-based) -- leading market data & multi-exchange trading platform

  • Crypto Facilities (London-based) -- leading platform for derivatives & futures trading, along with the top crypto indices business that includes the reference rate for the CME Group’s BTC futures contract

Financial Position

  • Strong operating margin & balance sheet -- new products/services & additional strategic acquisitions

  • Volume is driven by volatility -- revenue opportunity in both increasing & declining markets

  • Easy expansion -- this leading execution platform can readily add additional financial services & products for the blockchain & crypto space