We’re excited to announce our new colocation service, which is able to 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 world crypto markets. 

Beginning later this 12 months, shoppers will be capable to entry ultra-low-latency buying and selling from our European information heart 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 also have the choice to put in bodily {hardware} at our information heart and entry colocation providers instantly. 

“Kraken has spent over a decade constantly enhancing our infrastructure and know-how, and that is the subsequent step in that evolution,” stated 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 differ based mostly on consumer location, these utilizing Beeks’ Alternate Cloud® colocation providers will expertise the identical low-latency advantages as these putting in bodily {hardware} on the information heart. 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’ Alternate Cloud® already delivering nice leads to the Tier 1 fairness exchanges area, this collaboration is the primary of its type within the crypto area.”

“Collectively, we’re setting a brand new benchmark for low-latency, institutional-grade infrastructure, making certain all merchants — no matter measurement — profit from the safety, reliability and efficiency they want. It is a vital step ahead for crypto markets; by decreasing obstacles to entry and leveling the taking part in subject, we’re supporting Kraken in enhancing entry, execution velocity and market equity for all.”

Kurtas added: “Many exchanges supply colocation providers, however Kraken’s method is exclusive — we’re making it accessible to all companions and shoppers, not simply establishments. This ensures our most lively merchants obtain an enhanced expertise whereas sustaining our dedication to equal and truthful market entry, a basic worth in crypto.”