UK energy giant Octopus is moving closer to offloading its stake in the crypto exchange Kraken, according to Sky News. This potential sale marks a significant shift as traditional energy firms increasingly intersect with digital asset platforms. The deal would further demonstrate how legacy industries are engaging with the crypto ecosystem, adding another layer to institutional adoption narratives. Octopus had previously invested in Kraken, and a full exit could reshape the ownership structure of one of the sector's major trading venues.
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SelfCustodyIssues
· 21h ago
Oh no, traditional energy giants are also selling off their crypto assets. They must really look down on the crypto world, haha.
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FarmToRiches
· 21h ago
Are traditional energy companies starting to sell off their crypto assets? This is outrageous.
UK energy giant Octopus is moving closer to offloading its stake in the crypto exchange Kraken, according to Sky News. This potential sale marks a significant shift as traditional energy firms increasingly intersect with digital asset platforms. The deal would further demonstrate how legacy industries are engaging with the crypto ecosystem, adding another layer to institutional adoption narratives. Octopus had previously invested in Kraken, and a full exit could reshape the ownership structure of one of the sector's major trading venues.