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Crypto exchange Kraken acquires non-custodial staking platform Staked -Breaking

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Kraken, a major cryptocurrency exchange has revealed that it bought Staked, a blockchain investment company and manager for an undisclosed sum.

In a Tuesday announcement, Kraken — the crypto exchange aiming for a $10 billion valuation — Following the purchase, it added Staked to their portfolio of yield products. The company described the Staked deal as “one of the largest crypto industry acquisitions to date” but did not disclose the amount.