As we gear up for 2022, Kraken is celebrating its continued development and success with the enlargement of its ‘staking’ tentacle by way of an acquisition of Staked.
— Kraken Trade (@krakenfx) December 21, 2021
As well as, it permits the change to bolster its non-custodial staking choices and diversify its current array of custodial merchandise.
The acquisition might additionally sign the change’s bid to grow to be the main ‘ETH2’ depositor. Kraken already holds two of the five top spots by Ethereum deposited to the ETH 2.0 contract and with the addition of Staked’s current ‘ETH2’ pool, it can additional bolster its already hefty place.
“Staked is very complementary to our current staking enterprise and can enable us to additional strengthen our product providing by way of world-class infrastructure for purchasers preferring to retain custody of their staked belongings.
“We’re excited to welcome Staked’s purchasers to Kraken and consider that they’ll profit from entry to our wider portfolio of merchandise as they search to broaden their engagement with digital belongings.”
Disclaimer: The views and opinions expressed by the writer shouldn’t be thought of as monetary recommendation. We don’t give recommendation on monetary merchandise.