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Crypto: Kraken’s Strategic Bunq Investment

Kraken Expands with Neobank Bunq Partnership

  • Kraken embedded its service into neobank bunq’s platform within weeks.
  • Bunq approached Kraken at the last minute to integrate crypto services.
  • The partnership allows bunq to offer over 400 crypto assets in Europe.
  • Kraken aims for user growth and a potential initial public offering.
  • Bunq has 17 million users, potentially expanding Kraken’s reach beyond its current 13 million users worldwide.

Kraken’s swift integration with bunq highlights its capability to meet tight deadlines and expand its market presence by offering over 400 crypto assets to bunq’s European user base.

Source (2.6)https://decrypt.co/320516/krakens-bunq-bet-and-the-global-race-for-crypto-users?rand=52368
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