We’re excited to announce our new colocation service, which can present shoppers entry to ultra-fast execution. The service is designed to additional improve our buying and selling efficiency and scalability, whereas sustaining truthful and clear entry to our international crypto markets.
Beginning later this yr, shoppers will be capable 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 shoppers with particular technical necessities may even have the choice to put in bodily {hardware} at our information middle and entry colocation providers instantly.
“Kraken has spent over a decade repeatedly enhancing our infrastructure and know-how, and that is the following step in that evolution,” stated Shannon Kurtas, Head of Trade at Kraken. “By working with Beeks, we’re facilitating even decrease latency, extra environment friendly value discovery and deeper liquidity for all of Kraken’s spot and spinoff markets.”
Whereas precise latency enhancements will range primarily based 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 anticipate sub-millisecond latency.
Gordon McArthur, CEO at Beeks Monetary Cloud, stated: “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 area, this collaboration is the primary of its form within the crypto area.”
“Collectively, we’re setting a brand new benchmark for low-latency, institutional-grade infrastructure, guaranteeing all merchants — no matter dimension — profit from the safety, reliability and efficiency they want. It is a vital step ahead for crypto markets; by decreasing limitations to entry and leveling the taking part in discipline, we’re supporting Kraken in enhancing entry, execution pace and market equity for all.”
Kurtas added: “Many exchanges provide colocation providers, however Kraken’s strategy is exclusive — we’re making it accessible to all companions and shoppers, not simply establishments. This ensures our most energetic merchants obtain an enhanced expertise whereas sustaining our dedication to equal and truthful market entry, a basic worth in crypto.”
