We’re excited to announce our new colocation service, which is able to 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 be capable of entry ultra-low-latency buying and selling from our European knowledge 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 also have the choice to put in bodily {hardware} at our knowledge middle and entry colocation providers immediately.
“Kraken has spent over a decade repeatedly enhancing our infrastructure and know-how, and that is the following step in that evolution,” mentioned Shannon Kurtas, Head of Alternate 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’ Alternate Cloud® colocation providers will expertise the identical low-latency advantages as these putting in bodily {hardware} on the knowledge 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’ Alternate Cloud® already delivering nice leads to the Tier 1 fairness exchanges area, this collaboration is the primary of its sort 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. This can be a vital step ahead for crypto markets; by decreasing boundaries to entry and leveling the enjoying area, we’re supporting Kraken in enhancing entry, execution velocity and market equity for all.”
Kurtas added: “Many exchanges supply colocation providers, however Kraken’s strategy is exclusive — we’re making it accessible to all companions and purchasers, not simply establishments. This ensures our most lively merchants obtain an enhanced expertise whereas sustaining our dedication to equal and honest market entry, a basic worth in crypto.”