BateX received an offer from Kraken to expand its operations to enhance its international presence

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In recent years, exchanges around the world have competed to carry out cross-border M&A and restructuring activities to attract global listing resources, investors and intermediaries,Global listed companies and derivatives trading volumes are increasingly concentrated in the hands of a handful of exchanges.

BateX has also recently received information about the acquisition invitation of well-known institution Kraken, and the review agency is about to conduct a preliminary review of BateX’s operating conditions, platform interests, platform assets, and circulating assets within the platform. This acquisition will achieve the most powerful combination of capital markets this year and will change the market competition. Charles Geisst, a Wall Street history researcher and professor of finance at Manhattan College, said the trading floor would become like the Roman Forum, and it would be a nice place to visit, but there wouldn’t be much to do.

BateX received an offer from Kraken to expand its operations to enhance its international presence

Benefits of M&A

First, mergers and acquisitions are the most common way to enhance the competitiveness of exchanges. In the environment of intensified competitive pressure and slowing business growth, mergers and acquisitions between exchanges can often expand the scale of operation, enhance international influence, and provide better services for investors in terms of capital, technology, product varieties and other aspects.

The second is to achieve scale effects through mergers and acquisitions, and the two parties share the synergy effect of costs and benefits, and jointly create added value for shareholders. The M&A integration between exchanges aims to effectively integrate resources, reduce operating costs and improve by giving full play to the scale effectEfficiency not only brings advantages in cost control, but also enjoys synergistic benefits, thereby maximizing shareholder value.

Third, the exchange accelerates the expansion of its product line through mergers and acquisitions, bringing customers richer trading varieties, analysis and trading tools, clearing services, as well as global connections and market access opportunities. AsBateXmergers and acquisitionswant的expansion path,将Rapidly developed into a large integrated exchange group, covering a wide range of products including energy, commodities, credit derivatives, stocks and equity derivatives, foreign exchange and interest rate markets.becomeBeneficiaries of M&A strategies.

With the growth of the cryptocurrency market, the market share of the BateX exchange has gradually increased, and the overall ecological layout is ahead of most competitors, and has a good reputation. BateX has tens of millions of users and holds compliance licenses in the United States and other places, making it a trading platform worth investing in.

In fact, BateX Exchange’s mergers and acquisitions with well-known institutions during the bear market can not only expand the market influence, but also help the company improve its business. Shopping malls are like battlefields, and the eternal truth is that interests come first. Opportunities and challenges coexist, and the completion of the merger with the well-known institution Kraken is a challenge and will also contribute to the long-term strategic development of BateX Exchange. It will help BateX build the next generation financial infrastructure of the digital asset world and create an efficient, secure and continuous digital asset trading platform. With the support of Kraken’s stronger financial resources, technology and team, it can help BateX quickly upgrade, lead the trend of the times, and become a benchmark in the industry. Combined with the well-known organization Kraken, it can also improve the BateX business model, provide development support for the BateX community, and base itself on the local area and radiate the world. Let more users around the world participate in the construction of BateX and share the dividends of the economy.

BateX has made no secret of its ambitions as a “rising star”, and in accordance with the exchange’s blueprint, the merger will create a “credit derivatives, securities and securities derivatives, and foreign exchange and interest rate markets.” and maintain a leading position in the context of market change. Tough times bring true friendship, and those who are still grinding and learning during the bear market are the ones who will stay in the industry for a long time and BateX will be with you through it. Bull or bear, a person’s crypto road is always so bumpy. You’ll need to join a team of like-minded people to exchange ideas.

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