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Cloud firm Beeks strikes first crypto partnership in deal with Kraken

Summary by UKTN (UK Tech News)
Cloud firm Beeks Financial has struck its first partnership with a crypto exchange in a deal with San Francisco firm Kraken. Under the terms of the partnership, Beeks will offer low-latency, institutional-grade infrastructure from Kraken’s European data centre, while Kraken will rent cloud compute from Beeks’ Exchange Cloud offering. The revenue sharing agreement, with revenue recognition set to commence in the second half of this year, will all…
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UKTN (UK Tech News)UKTN (UK Tech News)

Cloud firm Beeks strikes first crypto partnership in deal with Kraken

Cloud firm Beeks Financial has struck its first partnership with a crypto exchange in a deal with San Francisco firm Kraken. Under the terms of the partnership, Beeks will offer low-latency, institutional-grade infrastructure from Kraken’s European data centre, while Kraken will rent cloud compute from Beeks’ Exchange Cloud offering. The revenue sharing agreement, with revenue recognition set to commence in the second half of this year, will all…

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UKTN (UK Tech News) broke the news in on Monday, March 17, 2025.
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