Kraken has acquired Small Exchange, a CFTC-regulated Designated Contract Market, from IG Group for $100 million, marking a major step in its effort to expand into the US derivatives market. Key Takeaways: Kraken acquired CFTC-regulated Small Exchange for $100 million to expand its US derivatives operations. The deal allows Kraken to connect spot, futures, and margin trading under one regulated system. Kraken strengthens its global footprint and positions itself as a leading provider of institutional- ...