Kraken buys Small Exchange to expand US derivatives coverage

16th October, 2025

Narayani Srinivasan
Cryptocurrencies GIG

Kraken has acquired Small Exchange, a licensed Designated Contract Market (DCM), from IG Group Holdings for $100 million (£74.9 million), as part of a push to widen the crypto exchange's derivatives coverage.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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