Crypto Exchange Kraken is set to launch new colocation services in the coming weeks, with clients offering ultra-low latency trading, the company said in a press release Monday.
The service is intended for customers who need to run faster, Kraken said, and traders operating in London can expect sub-millisecond delays.
“Many exchanges offer colocation services, but Kraken's approach is unique. We make it accessible to all partners and clients, not just institutions,” says Shannon Kurtas, Kraken's Head of Exchange.
Transactions are particularly related to speed in unstable markets such as crypto. Low-latency services give you the advantage by leveraging sophisticated technology to allow traders to execute orders within milliseconds.
“Cryptocolocation services are usually not widely accessible,” Kurtas said in an emailed comment. “But Kraken constitutes a offering to prioritize fairness and accessibility,” and “it is now available to all clients and is in line with Crypto's open, fair, transparent market core values.”
“In addition to the individuals and institutions that trade directly at Kraken, we also work with brokers, exchanges and fintech companies that use liquidity in their products,” Kurtas said, “When these partners become available, they have access to colocation services.”
Exchange clients can access ultra-low latency trading from Kraken's European data centres by renting cloud computing from Beeks (BKS), a UK-listed cloud computing and connectivity provider.
The selected client will install physical hardware in Kraken's data centers and have direct access to colocation services, the exchange says.
The crypto company is considering launching an initial public offering (IPO) by the first quarter of 2026. The company believes that the US regulatory environment has changed sufficiently to allow public listings to be implemented.
Read more: SEC plans to remove the lawsuit against Kraken, the company says
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