M&A Deal Summary

Kraken Bitcoin Exchange Acquires Staked

On December 21, 2021, Kraken Bitcoin Exchange acquired internet software and services company Staked

Acquisition Highlights
  • This is Kraken Bitcoin Exchange’s 2nd transaction in the Internet Software and Services sector.
  • This is Kraken Bitcoin Exchange’s 4th transaction in the United States.
  • This is Kraken Bitcoin Exchange’s 2nd transaction in New York.

M&A Deal Summary

Date 2021-12-21
Target Staked
Sector Internet Software and Services
Buyer(s) Kraken Bitcoin Exchange
Deal Type Add-on Acquisition

Target

Staked

New York, New York, United States
Staked is a non-custodial staking platform that enables investors in Proof-of-Stake networks to easily and securely compound their holdings. Staked was founded in 2018 and is based in New York City.

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Buyer(S) 1

Buyer

Kraken Bitcoin Exchange

SoMa San Francisco, California, United States

Category Company
Founded 2011
Sector Financial Services
DESCRIPTION

Kraken is the Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media.


DEAL STATS #
Overall 7 of 8
Sector (Internet Software and Services) 2 of 3
Type (Add-on Acquisition) 6 of 7
State (New York) 2 of 2
Country (United States) 4 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Interchange

United States

Interchange is an accounting, reconciliation and reporting service provider for cryptocurrency hedge funds, asset managers and fund administrators.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-05 BCM

Aalsmeer, Netherlands

BCM provides services to buy, sell and stake crypto, including access to over 170 cryptocurrencies and strong local funding rails. BCM is based in Aalsmeer, Netherlands.

Buy -