Will Kraken be the 3rd largest crypto exchange market at the end of 2025?
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Jan 1
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I think it’s possible but unlikely. Kraken has strong security, compliance focus, staking and institutional services that set it apart, but it still trails Binance, Coinbase and big APAC players on liquidity and derivatives. Unless Kraken ramps up global liquidity, derivatives, and institutional partnerships, breaking into third place will be tough.

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