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Published September 27, 20242 min read

Coin Meester B.V. Joins Kraken: A Major Leap for Cryptocurrency in Europe

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artwork image for: Kraken's Strategic Expansion: A Game-Changer in European Cryptocurrency Services

Mergers and acquisitions of companies have been known since ancient times. When one company acquires another, it gains access to a new audience, creates new opportunities, and offers other benefits that allow for significant market expansion for its products. In the Web3 industry, such processes also happen quite frequently.

In today’s article, Coinmooner will discuss one such example. Recently, it was announced that the American exchange Kraken has completed the acquisition of the crypto broker Coin Meester B.V. This will speed up its expansion in Europe and allow it to offer premium cryptocurrency services with local support.

In his blog, Brian Ghaan, the managing director of Kraken in Europe, noted that this acquisition is a "key milestone" in the exchange's strategy to grow in the European market. The American company can nowoffer services as a registered Virtual Asset Service Provider (VASP) directly and through partnerships in countries like Germany, Spain, Italy, the Netherlands, Belgium, Ireland, France, and Poland.

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Kraken’s Bold Expansion: How the Coin Meester Acquisition Enhances Client Offerings

Coinmooner aims to provide readers with exciting and relevant details, so we took a closer look at this event. According to representatives from Kraken, they are one of the few exchanges in Europe that can combine a global scale with offerings that meet the highest standards while also ensuring an excellent customer experience. This unique approach allows Kraken to remain competitive and offer their clients unique services that significantly set them apart from other players in the market.

Additionally, exchange representatives noted that their users will benefit from this merger, as Kraken will provide them with premium trading and investment opportunities necessary to unlock the full potential of cryptocurrencies. In the coming months, crypto broker Coin Meester B.V. clients will gain access to a wide range of Kraken's features and products, including over 200 digital assets. Furthermore, users can enjoy round-the-clock support in their native language, significantly simplifying interactions and enhancing customer satisfaction.

This significant acquisition will not only give the Web3 industry a specific focus on development but may also positively impact the entire ecosystem. This consolidation is expected to improve service and quality standards in the industry, which, in turn, will help build user trust in cryptocurrency platforms. Coinmooner will closely monitor developments and strive to keep readers informed about all important details that may arise during the process. CoinMooner also wants to remind everyone that using the most advanced security methods is crucial in the Web3 industry to ensure the safety of your finances, as stability and investment protection are top priorities for every user.

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