San Francisco-based digital currency exchange has acquired wallet funding service Glidera.
The acquisition of Glidera, the terms of which were not disclosed, is the latest for Kraken, which has spent the past year snapping up other startups in the exchange space.
As part of the integration of the two services, Glidera – which enables users to purchase bitcoin via their bank accounts and send the funds to the wallet of their choice – will be rebranded under the name “Kraken Direct”. The service offered by Glidera will, by extension, be open to Kraken’s international customers as well.
In a statement, Kraken CEO Jesse Powell said that the deal “rounds out a fantastic year for Kraken”.
He went on to say:
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