Crypto Facilities
The profile is currenly unclaimed by the seller. All information is provided by CB Insights.
Founded Year
2014Stage
Acquired | AcquiredTotal Raised
$1.5MValuation
$0000Expert Collections containing Crypto Facilities
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Crypto Facilities is included in 2 Expert Collections, including Blockchain.
Blockchain
4,660 items
Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.
Fintech
4,779 items
Track and capture company information and workflow.
Latest Crypto Facilities News
Nov 16, 2021
advertisement Crypto Facilities, a wholly owned subsidiary of crypto exchange Kraken, has been granted a MLR license with the the U.K.'s financial regulator, the Financial Conduct Authority (FCA). This license means that the company is compliant with money laundering regulations in the country, as far as its cryptocurrency activities go. It also shows that it maintains the same anti-money laundering standards as FCA-regulated banks have to meet. This means that Kraken can continue to offer derivatives trading to its customers in the U.K. through Crypto Facilities, which is one of few firms that has a license to do so. Other firms provide access to similar services by being located abroad and not registering with the FCA. Getting the license enables Crypto Facilities to offer further financial instruments related to cryptocurrencies. "It paves the way for us to enhance and expand our offering, ensuring clients have access to the various exposures that best fit their investment needs,” said Crypto Facilities CEO Gary Worrall, in a statement. Other firms that have been granted MLR licenses include Mode , two Gemini entities, Archax, Ziglu and Digivault.
When was Crypto Facilities founded?
Crypto Facilities was founded in 2014.
Where is Crypto Facilities's headquarters?
Crypto Facilities's headquarters is located at 79 Maygrove Road, London.
What is Crypto Facilities's latest funding round?
Crypto Facilities's latest funding round is Acquired.
How much did Crypto Facilities raise?
Crypto Facilities raised a total of $1.5M.
Who are the investors of Crypto Facilities?
Investors of Crypto Facilities include Kraken and Pamir Gelenbe.
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