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Kraken is planning to buy Coin Meester B.V. (BCM), a Dutch crypto broker.
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The platform said in a press release on October 5, that the purchase would give them a Sizable position in the Dutch market.
Kraken is planning to acquire BCM which supports 170 digital assets. By taking possession of BCM, Kraken will demonstrate its commitment to expand across Europe. The exchange plans to increase the user base by expanding the product line, improving security, and also by increasing the liquidity.
The crypto platform to strengthen its presence in the Netherlands, is considered as the main market for expansion in Europe. This will facilitate BCM clients from Kraken’s extensive product offering, client support, and superior security standards.
What is Kraken’s Aim?
Kraken was founded in 2011; it offers customer support 24/7. The trading platform has set the standards for transparency and client trust.
The exchange said that they are encouraged by the Europ
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