Kraken
Categories: Financial Theory, Metrics
Whether we’re fans of Clash of the Titans or the Pirates of the Caribbean films (or both), the Kraken we’ve all come to know and love is a ginormous sea creature with lots of tentacles and an angry disposition.
But when folks in the financial world yell about releasing the Kraken, they’re not talking about Scandinavian sea legends. They’re talking about cryptocurrency.
That’s because Kraken is also the name of a cryptocurrency exchange based in San Francisco. They’re one of the bigger dogs in the cryptocurrency exchange universe, and they currently offer trades in almost two dozen different cryptocurrencies.