Kraken Acquires Staking Platform Staked.
MANews-(C)2009-2021
US-based digital asset platform Kraken has acquired Staked for an undisclosed sum in what Kraken said is one of the largest crypto industry acquisitions to date.
Staked is a non-custodial staking platform that enables investors in Proof-of-Stake networks to easily and securely compound their holdings.
The acquisition solidifies Kraken's position as a provider of staking services to consumers and institutions by expanding the number of supported networks and enabling a non-custodial alternative to Kraken's existing custodial staking service.
Staked's mission to help investors earn yield from staking without relinquishing custody of their crypto assets closely aligns with Kraken's objective to provide seamless and secure access to staking products and services.
By providing world-class infrastructure as a service, Staked removes...
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