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Kraken Enters Proprietary Trading with Breakout Acquisition
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13 Articles
Key points of the News Kraken officially acquired Breakout, a proprietary trading firm that grants capital to qualified traders through performance appraisals. The agreement provides access to up to $200,000 in capital, allowing it to retain up to 90% of profits. This move reinforces Kraken’s professional trading services, in line with its recent advanced infrastructure-oriented acquisitions for institutional users and expert retailers. Kraken c…
Kraken acquires Breakout to expand proprietary and leveraged trading services - Cryptopolitan
Kraken, a San Francisco-based crypto exchange, has acquired Breakout, a proprietary trading platform that enables funded accounts and leveraged trading services. This means traders can deploy capital based on skill rather than personal funds. Breakout offers experienced traders with capital access of up to $200,000 in notional capital, with an option to retain up to 90% of the profits generated. To be added to the capital pool, traders must pas…
New acquisition for the crypto trade Kraken that has got hold of the Breakout trading company. Breakout presents itself to the market. The new acquisition for the crypto trade Kraken has acquired the Breakout trading company appeared first on TipsCrypto.com.
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