Kraken has announced plans for its new colocation service, aimed at clients and partners seeking ultra-fast execution. The service is designed to further enhance trading performance and scalability, while maintaining fair and transparent access to Kraken’s global crypto markets. Starting later this year, Kraken clients will be able to access ultra-low latency trading from Kraken’s European data center by renting cloud compute from Beeks, a leading provider of low-latency compute, connectivity and analytics solutions. Eligible clients with specific technical requirements will also have the option to install physical hardware at Kraken’s data center and access colocation services directly.
“Kraken has spent over a decade continuously enhancing our infrastructure and technology, and this is the next step in that evolution,” said Shannon Kurtas, Head of Exchange at Kraken. “By working with Beeks, we’re facilitating even lower latency, more efficient price discovery and deeper liquidity for all of Kraken’s spot and derivative markets.”