Kraken completed the acquisition of Staked.

Kraken, a global digital asset platform based on euro volume and liquidity completed the acquisition of Staked, a non-custodial staking platform that enables investors in Proof-of-Stake networks to easily and securely compound their holdings. Financial terms were not disclosed. “The success of our staking business demonstrates that Kraken has evolved into much more than a custodian and trading venue. We’ve become a holistic crypto platform with a diverse range of products that serves the needs of retail, professional, and institutional clients. Heading into the second decade in our company’s history, I’m excited about the future and Kraken’s continued support of the world’s shift to Web3 and DeFi,” Jesse Powell, Kraken CEO and Co-Founder.