Crypto Exchange Kraken plans to launch a new roommate service in the coming weeks that will offer customers an ultra-basic latency trading, the company announced on a press release on Monday.
The service is intended for customers who need high -speed execution, said Kraken, and traders operating from London can expect a latency of less than a millisecond.
“Many exchanges offer roommate services, but Kraken’s approach is unique – we make it accessible to all partners and customers, not only institutions,” said Shannon Kurtas, head of Kraken, in the press release.
Trading is a question of speed, especially on volatile markets such as crypto, where a fraction of a second can make all the difference. Low latency services use sophisticated technology to give merchants an advantage by allowing them to execute commands in less than a millisecond.
“Crypto colocation services are generally not widely accessible,” said Kurtas in the comments sent by e-mail. “Kraken, however, has structured its offer to prioritize equity and accessibility” and “our roommate will be available for all customers, aligning with the fundamental crypto values of an open, fair and transparent market.”
“In addition to individuals and institutions that negotiate directly on Kraken, we also work with brokers, exchanges and fintech companies that use our liquidity for their own products,” said Kurtas, and “these partners will also have access to colocation services once they are available”.
Exchange customers will have access to an ultra-basic latency exchange of the European Kraken data center by renting a Cloud calculation from Beeks (BKS), a cloud computing and connectivity supplier, listed in the United Kingdom.
Selected customers will be able to install physical equipment at the Kraken data center and directly access the roommate services, the exchange said.
The Crypto Society plans to launch a first public offer (IPO) by the first quarter of 2026. The company estimates that the regulatory environment in the United States has changed sufficiently to make a viable public list, Bloomberg reported earlier this month, citing people familiar with the problem.
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