Crypto Exchange Kraken plans to launch a new hosting service in the coming weeks, which will provide customers with ultra-low latency transactions, the company said in a press release on Monday.
Kraken said the service is for customers who require high-speed execution, and traders operating in London can expect delays of milliseconds.
“Management services are available in many exchanges, but Kraken’s approach is unique – we make it accessible to all partners and customers, not just institutions,” Shannon Kurtas, director of Exchange at Kraken, said in a press release.
Trading all involves speed, especially in turbulent markets such as cryptocurrencies, where a small fraction of a second can make everything change. Low-latency services provide traders with advantages by leveraging sophisticated technologies to enable traders to execute orders in less than milliseconds of orders.
“Crypto services are generally not widely accessible,” Kraken said in an emailed comment. “However, Kraken builds its products designed to prioritize fairness and accessibility,” and “our hosting services will be available to all customers, in line with Crypto’s open, fair and transparent market.”
“In addition to individuals and institutions that trade directly in Claken, we work with brokers, communications and fintech companies to use our liquidity for our products,” Kurtas said.
Exchange customers will be able to access ultra-low latency transactions in Kraken’s European data centers through the UK-listed cloud computing Beeks (BKS) leasing Beeks (BKS) cloud computing and connectivity provider Beeks (BKS), which is listed in the UK.
The exchange said SELECT customers will be able to install physical hardware in Kraken’s data center and access the hosting services directly.
The cryptocurrency company is considering launching an initial public offering (IPO) by the first quarter of 2026. The company believes that the regulatory environment in the United States has completely changed to make public listing viable. Bloomberg reports Earlier this month, people familiar with the matter were cited.
Read more: SEC plans to conduct a case against Kraken, the company says
