Crypto Exchange Kraken plans to launch a new placement service in the coming weeks that will offer to the Lately Ultrasis Latence trade, the company said in a press release on Monday.
The service is for customers who need a high speed execution, Kraken said, and merchants operating outside London can expect a latency of less than a millisecond.
“Many exchanges offer placement services, but Kraken’s approach is unique: we are making it accessible to all partners and customers, not just institutions,” said Shannon Kurtas, Kraken exchange manager, at the launch.
Trade has to do with speed, especially in volatile markets such as Crypto, where a second fraction can make a difference. Low latency services use sophisticated technology to give merchants an advantage by allowing them to execute orders in less than a millisecond.
“Cryptographic placement services are generally not widely accessible,” Kurts said in comments sent by email. “Kraken, however, has structured its offer to prioritize equity and accessibility” and “our placement service will be available for all customers, aligning with the central Crypto values of an open, fair and transparent market.”
“In addition to the people and institutions that trade directly in Kraken, we also work with runners, exchanges and companies that use our liquidity for their own products,” Kurts said, and “these partners will also have access to placement services once they are available.”
Exchange customers will have access to an ultra -low latency trade from the Kraken European Data Center by renting a Beeks cloud calculation (BKS), a computing and connectivity supplier in the cloud, which appears in the United Kingdom.
Selected customers will be able to install physical hardware in the Kraken data center and access the placement services directly, the exchange said.
The cryptographic firm is considering launching an initial public offer (IPO) for the first quarter of 2026. The company believes that the regulatory environment in the US. UU. It has changed sufficiently for a public list to be viable, Bloomberg reported earlier this month, citing people familiar with the subject.
Read more: the SEC plans to launch its case against Kraken, says signature
