ING:Digital Wallet Leader Paysafe Chooses Kraken as Crypto Liquidity Provider_RAK

WeareexcitedtoannounceleadingspecializedpaymentsplatformPaysafehasbecomethelatestenterprisetochooseKrakenasacryptoassetliquidityprovider.?

ThemovecomesinadvanceofPaysafe’slaunchofitsowncryptobuyandsellservicesthroughitsdigitalwalletsSkrillandNeteller,whichprovideconvenientandsimplepaymentsolutionstomillionsofclientsacrosstheglobe,makingthemamongtheworld’smostpopulardigitalwallets.

ForKraken,theannouncementatteststothestrengthofourgloballiquidity,nowpoweringmorethan150real-timemarketsforthebuyingandsellingofcryptoassetsandtraditionalcurrencies.

“We’redelightedtobecollaboratingwithKraken,aswecontinueourjourneyofdeliveringindustry-leading,frictionlesscrypto-assettradingservicestoourSkrillandNETELLERusers,”saidDanielKornitzer,Paysafe’sChiefBusinessDevelopmentOfficer.

Withthenews,SkrillandNetellerclientswillbeabletobuy,sell,andspendcryptoassetsthroughtheiraccounts,withKrakenprovidingmuchoftheliquidity.?

Krakenwillevenactasanexclusiveliquidityproviderforsomecryptoassets,atestamenttoourabilitytoserveasatruemarketplaceforpricediscoveryeveninareaswhereotherexchangesmayfallshortofasatisfactorycustomerexperience.?

Forexample,independentresearchconductedbyFineryTechrecentlynamedKrakenthe“clearleaderthatoffersthedeepestBTC/EURliquidity”inastudythatalsoassessedtheorderbooksofBinance,BitstampandCoinbase.?

Acrossavarietyofmarkets,thefindingsshowKrakenhadthelowestspreadsandthatourexchangewasabletoeasilyhandleorderslargeandsmallwithefficiency.?

“WeareproudandthrilledtohavebeenchosenbySkrillandNetellertobeasourcefortheircryptoliquidity,”saidKraken’sEMEAHeadofBanking,MaximilianMarenbach.

Heconcluded:“ThisisagreatsignforthegrowingacceptanceofandinterestincryptoandamazingnewsnotjustforKrakenbutthewholeindustry.”

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