The number of Kraken users has increased twofold

The number of account owners at bitcoin exchange Kraken has increased twofold. It happened in a month after acquisition of rival platform Coinsetter.

This deal allowed Kraken to enter the North American market. The company has also become an owner of Canadian CAVirtex and has opened its representational offices in 37 states.

Extended commercial infrastructure has allowed Kraken easily return to the US market, having reduced the time of deal-making process. At the same time Coinsetter provided Kraken with SECURICOIN technology, which was developed two years ago, having coordinated this step with requirements of institutional investors. This technology allows storing bitcoins in an offline wallet in order to improve security.