We’re excited to announce our new colocation service, which can present purchasers entry to ultra-fast execution. The service is designed to additional improve our buying and selling efficiency and scalability, whereas sustaining honest and clear entry to our world crypto markets.
Beginning later this yr, purchasers will have the ability to entry ultra-low-latency buying and selling from our European information middle by renting cloud compute from Beeks, a number one supplier of low-latency compute, connectivity and analytics options. Eligible purchasers with particular technical necessities may even have the choice to put in bodily {hardware} at our information middle and entry colocation providers immediately.
“Kraken has spent over a decade repeatedly enhancing our infrastructure and expertise, and that is the subsequent step in that evolution,” mentioned Shannon Kurtas, Head of Trade at Kraken. “By working with Beeks, we’re facilitating even decrease latency, extra environment friendly worth discovery and deeper liquidity for all of Kraken’s spot and by-product markets.”
Whereas actual latency enhancements will differ based mostly on shopper location, these utilizing Beeks’ Trade Cloud® colocation providers will expertise the identical low-latency advantages as these putting in bodily {hardware} on the information middle. Merchants working from London, for instance, can count on sub-millisecond latency.
Gordon McArthur, CEO at Beeks Monetary Cloud, mentioned: “Our partnership with Kraken is constructed on shared values of efficiency, transparency and belief. With Beeks’ Trade Cloud® already delivering nice leads to the Tier 1 fairness exchanges house, this collaboration is the primary of its sort within the crypto house.”
“Collectively, we’re setting a brand new benchmark for low-latency, institutional-grade infrastructure, making certain all merchants — no matter dimension — profit from the safety, reliability and efficiency they want. It is a important step ahead for crypto markets; by decreasing boundaries to entry and leveling the enjoying discipline, we’re supporting Kraken in enhancing entry, execution velocity and market equity for all.”
Kurtas added: “Many exchanges provide colocation providers, however Kraken’s method is exclusive — we’re making it accessible to all companions and purchasers, not simply establishments. This ensures our most energetic merchants obtain an enhanced expertise whereas sustaining our dedication to equal and honest market entry, a basic worth in crypto.”
