Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Kraken => Topic started by: Coin63@ on April 25, 2021, 02:05:35 PM

Title: £3.8 billion investment trust acquires stake in crypto exchange Kraken
Post by: Coin63@ on April 25, 2021, 02:05:35 PM
RIT Capital Partners, a British investment trust managed by J. Rothschild Capital Management Limited, has acquired a stake in the cryptocurrency exchange Kraken.

Investors in the trust were told about the stake during a webinar hosted by Numis Securities in late March, according to a note published by the London-based broker and corporate adviser on April 12.

Ewan Lovett-Turner, a director at Numis, told The Block the note referred to “a secondary market purchase at what [RIT Capital] thought was attractive value.”source (https://cryptonews.net/560138/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)