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Kraken spends $100 million to acquire Small Exchange to expand the U.S. derivatives market.

Kraken spends $100 million to acquire Small Exchange to expand the U.S. derivatives market.

Cryptocurrency exchange Kraken has acquired the U.S. Commodity Futures Trading Commission (CFTC) regulated Designated Contract Market (DCM) Small Exchange for $100 million, further consolidating its position in the U.S. derivatives sector. The acquisition, completed from IG Group, provides Kraken wi

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U.S. appeals court clears Kalshi to restart elections betting

U.S. appeals court clears Kalshi to restart elections betting

A U.S. federal appeals court on Wednesday upheld a lower court’s order that permitted New York derivatives trading platform KalshiEX LLC to list contracts that allow Americans to bet on election outcomes.The U.S. Court of Appeals for the D.C. Circuit said that the Commodity Futures Trading Commissio

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