Kraken Targets Faster Trading in Crypto

Crypto exchange Kraken has unveiled plans to create a new co-location service to reduce latency in crypto trading, and has rented cloud compute from Beeks Financial Cloud for its European data centre.

The firm says the service is designed to further enhance trading performance and scalability, while maintaining fair and transparent access to Kraken’s markets. Eligible clients with specific technical requirements will also have the option to install physical hardware at Kraken’s data centre and access colocation services directly.

“Kraken has spent over a decade continuously enhancing our infrastructure and technology, and this is the next step in that evolution,” says Shannon Kurtas, head of exchange at Kraken. “By working with Beeks, we’re facilitating even lower latency, more efficient price discovery and deeper liquidity for all of Kraken’s spot and derivative markets.”

Kraken acknowledges that exact latency improvements will vary based on client location, it says that those using Beeks Exchange Cloud colocation services will experience the same low-latency benefits as those installing physical hardware at the data centre. Traders operating from London, for example, can expect a sub-millisecond latency, it adds.

“With Beeks’ Exchange Cloud already delivering great results in the tier 1 equity exchanges space, this collaboration is the first of its kind in the crypto space,” says Gordon McArthur, CEO at Beeks Financial Cloud. “Together, we’re setting a new benchmark for low-latency, institutional-grade infrastructure, ensuring all traders – regardless of size – benefit from the security, reliability, and performance they need. This is a significant step forward for crypto markets – by lowering barriers to entry and leveling the playing field, we’re supporting Kraken in enhancing access, execution speed, and market fairness for all.”

Kurtas adds, “Many exchanges offer colocation services, but Kraken’s approach is unique – we’re making it accessible to all partners and clients, not just institutions. This ensures our most active traders receive an enhanced experience while maintaining our commitment to equal and fair market access, a fundamental value in crypto.”