Kraken acquires Cryptowatch & launches new trade platform

In a latest blog post, Bitcoin exchange Kraken announced the acquisition of the popular charting and trading platform Cryptowatch - used by thousands of traders to chart over 150 markets in real-time and trade up to 22 digital assets through a user-friendly interface. Cryptowatch has seen rapid growth in the past two years, increasing its active user-base by 700%.



Cryptowatch founder, Artur Sapek, is joining the company to both continue developing Cryptowatch and lead the development of Kraken’s interface.



“I’m thrilled to welcome the Cryptowatch trading platform and its founder into the Kraken family,” said Kraken CEO Jesse Powell. “As the industry’s leading charting tool for traders, we plan to devote more resources and talent to further enhance its offering. And we’ve purposed the technology to provide a great new charting and trading platform to Kraken clients as the first step in improving our own interface. It’s a great start to 2017 and I can’t wait to share what else we’ve got in the pipeline.“