[Kraken Spends $100 Million to Acquire IG Group's Regulated Trading Platform Small Exchange] BlockBeats news, October 16, according to official sources, Kraken announced today that it has acquired the designated contract market (DCM) Small Exchange, regulated by the U.S. Commodity Futures Trading Commission (CFTC), from IG Group for $100 million. This move lays the foundation for Kraken to launch a fully U.S.-based derivatives product portfolio, aiming to build a deeply mature onshore trading venue in the world's largest capital market. Through this acquisition, Kraken will further advance its mission to create a unified, high-performance trading environment. Obtaining DCM qualifications means Kraken can design and create derivative markets listed on trading platforms in the U.S. under CFTC regulation.