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Hello, Let‘s Take a Deep Dive into Kraken – One of the Original Crypto Trading Platforms

I‘m thrilled to take you on an in-depth tour of Kraken‘s history, evolution and future outlook across over a decade of operation. By the end, I think you‘ll agree Kraken has cemented itself as one of the most trusted one-stop shops for all types of crypto finance!

Overview

In this guide, we‘ll explore:

  • Origins: How visionary founders created Kraken way back in 2011 and why
  • Growth Years: Major milestones across products, business operations through bull/bear markets
  • Capabilities: Range of services from spot trading to staking to banking
  • Security & Compliance: Technical and legal safeguards protecting clients
  • Financial Performance: Trading volumes, revenue growth and business model
  • Future Outlook: What‘s next for one of the OG crypto exchanges

So buckle up for an exciting journey through Kraken‘s trailblazing path! The following sections tackle each focus area in detail…

Founding Fathers: Meet the Kraken Creators

It all began in 2011 when now-CEO Jesse Powell visited the Mt. Gox exchange in Japan and realized major opportunities for improvement. He resolved to build a more secure, professional trading platform as an alternative.

Teaming up with Michael Gronager, one of the early Bitcoin core developers, and other co-founders like CEO Jonathan Silverman of WeDeal, Powell spent over two years quietly designing, testing Kraken before officially launching in September 2013.

The key goal was security – avoiding the breaches plaguing Mt. Gox. The lengthy development runway allowed building advanced protections for customer funds and fine-tuning site performance to ensure:

  • Speedy trade execution
  • Maximum time-on-site
  • Intuitive interface

Right from day one, Kraken focused on institutional and sophisticated traders with..

[ *Continue section with more backstory details on founders, development process…]