Kraken has completed the acquisition of Coin Meester B.V. (BCM), a leading registered crypto broker in the Netherlands, reinforcing its position in the European market. This strategic move comes as the EU implements the Markets in Crypto-Assets Regulation (MiCA), enabling Kraken to offer Virtual Asset Service Provider (VASP) services directly or through partnerships in countries like Germany, Spain, Italy, the Netherlands, and more.

Brian Gahan, Kraken’s Managing Director for Europe, highlighted this acquisition as a major step in their European expansion, allowing the company to leverage its market-leading position in euro volume and liquidity. BCM’s clients will gain access to over 200 digital assets, high-level security, and 24/7 client support.

Kraken aims to strengthen its market share by combining global reach with a compliant, premium trading experience, showcasing its dedication to providing superior crypto services. This move positions Kraken to capitalize on Europe’s growing crypto adoption and consolidate its leadership in the region.

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