Bitcoin exchange Kraken has acquired charting and trading platform Cryptowatch, which is used by traders to chart over 150 markets in real-time and trade up to 22 digital assets.
Cryptowatch has seen rapid growth in the past two years, increasing its active user-base by 700 per cent.
Cryptowatch founder Artur Sapek is joining Kraken to both continue developing Cryptowatch and lead the development of Kraken’s interface.
"In just two years Cryptowatch grew into one of the pillars of the digital asset trading community,” says Sapek. “Teaming up with an exchange was the natural next step, and Kraken was my first choice. The Kraken team has built a very mature and reliable exchange, and I look forward to working with them to deliver the best trading software in the industry."
“I’m thrilled to welcome the Cryptowatch trading platform and its founder into the Kraken family,” says Kraken CEO Jesse Powell (pictured). “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."