As we gear up for 2022, Kraken is celebrating its continued progress and success with the growth of its ‘staking’ tentacle by means of an acquisition of Staked.
— Kraken Alternate (@krakenfx) December 21, 2021
Staked’s current staking infrastructure now permits Kraken to develop new merchandise for its complete buyer base and in addition increase the variety of proof-of-stake networks supported on the alternate.
As well as, it permits the alternate to bolster its non-custodial staking choices and diversify its current array of custodial merchandise.
The acquisition might additionally sign the alternate’s bid to change into 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’ll 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 means 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.