“Kraken is an incredibly well established and well structured organization, and amongst the best in the exchange business,” Dash VP of business development Daniel Diaz said. “In terms of reputation, they represent the highest standard for client satisfaction. Dash is a project that has implemented very original ideas that resonate well with the market, and as a top tier exchange, Kraken’s mission is to provide clients with access to digital currencies that are in demand and provide value.”
2017 has so far been a busy year for Dash, as they have confirmed several global partnerships, implemented a Sentinel software upgrade and introduced Evolution, its decentralized payments system. That has contributed to 2017 total market cap growth of $78 million on Jan. 1 to $835 million as of Mar. 18. Dash’s price increased from $11 to $72 and its trading volume rose from $3 million to $30 million in Q1.
Kraken was founded in 2011. In a release it said it is the first exchange to post market data on the Bloomberg Terminal and pass a cryptographically verifiable proof-of-reserves audit. It expects to soon offer Dash margin trading.