Cryptofacilities

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Cryptofacilities
Trading nameCrypto Facilities / Kraken Futures
IndustryCrypto derivatives / index provider
Founded2015
Defunct2019 (acquired by Kraken)
HeadquartersLondon, United Kingdom
Websitecryptofacilities.com (historical)

Crypto Facilities (often styled Cryptofacilities on older wiki titles) was a London crypto derivatives venue and index provider. On 4 February 2019, Kraken announced it had acquired Crypto Facilities in a nine-figure deal. The venue continued under the Kraken Futures brand.[1]

History

Founded in 2015 and headquartered in London, Crypto Facilities offered regulated cryptocurrency futures and related products. Kraken's acquisition press release describes the firm as an early regulated venue to list futures on bitcoin and several other crypto-assets, and as calculator and administrator of the CME CF Bitcoin Reference Rate used by CME bitcoin futures.[1]

Products and indexes (historical)

  • Crypto futures trading for individuals and institutions under UK regulatory supervision as described in the 2019 Kraken press release
  • Index administration for the CME CF Bitcoin Reference Rate (per that press release)[1]

Older wiki revisions sometimes carried affiliate tracking URLs. Those are omitted here.

Regulation note

The 2019 Kraken press release states that Crypto Facilities Ltd was authorised and regulated by the UK Financial Conduct Authority and quotes FRN 757895. That number is retained only as a historical claim from the acquisition PR. It should be re-checked on the live FCA register before anyone treats it as a current registration fact.[1]

Acquisition and successor

After 4 February 2019, Crypto Facilities remained London-based under Kraken ownership per the PR, with products offered to eligible Kraken clients as futures. See Kraken for the continuing futures business. This title is the historical independent brand.

See also

External links

References