Designed for Fairness, Accessibilityand Super fast executionWe are proud to collaborate and announce the upcoming debut of our colocation service. Beeks Exchange Cloud®. The offering, scheduled to be released later this year, represents a major step forward in how it can support both the institutions and individual clients that are best suited to trading performance.

Many exchanges offer colocation services, but we do things differently. We’re opening it All partners and clientsit’s not just an institution. So, all of our most active traders can benefit from improving their experience, Equal and fair market accessone of the fundamental values ​​that underpin everything we do at Kraken.

It spent more than a decade building and refinement of the infrastructure. This new service will improve performance and scalability while staying true to Kraken’s commitment to fair and transparent access to global markets.

Our clients can rent Cloud Compute directly within European data centres from Beeks, a leading provider of low-latency infrastructure. It also provides the ability to directly install physical hardware and access colocation services for those with more specific technical needs.

“Kraken has been continuously and continuously strengthening its infrastructure and technology, and this is the next step in its evolution,” said Shannon Kurtas, Head of Kraken Exchange. “Working with Beeks will drive latency, more efficient price discovery and deeper liquidity in all Kraken spot and derivatives markets.”

Although latency improvements vary depending on the client location, those using Beeks Exchange Cloud® will enjoy the same low-latency experience as clients with physical hardware. For example, London traders can expect Sub-millisecond latency – Actual game changer for execution speed.

“The partnership with Kraken is built on the shared values ​​of performance, transparency and trust. Beeks’ Exchange Cloud® offers amazing results with tier 1 equity exchanges. Running speed and market equity for everyone.”

I can’t wait to get this service to come later this year. Click below and work with Beeks Exchange Cloud® to pre-register for the colocation service (no commitment required).

RedStone, a blockchain oracle provider, has introduced a push-based oracle on MegaETH to tackle latency issues that challenge the efficiency of onchain trading.

According to a spokesperson for RedStone, the new oracle can push new prices onchain every 2.4 milliseconds. Initially debuting on MegaETH, an Ethereum layer-2 network, the product may be rolled out to additional chains in the future.

RedStone said its oracle sources prices from centralized exchanges and delivers them directly to applications or smart contracts via nodes that operate natively on the MegaETH chain.

This “co-location” strategy minimizes latency by eliminating delays typically caused by the physical distance between servers. In the future, RedStone also plans to include price feeds from decentralized exchanges.

Oracles compatible with the Ethereum Virtual Machine (EVM) are becoming more popular. According to Alchemy, there are currently 12 decentralized oracle networks operating on Ethereum.

Oracles can make money through data usage fees, licenses, staking rewards and node incentives. The current market capitalization for oracle tokens sits at $10.2 billion, according to CoinMarketCap.

Related: Trump’s World Liberty Financial taps Chainlink as oracle provider

DeFi growth spurs further rise of oracles

Decentralized finance’s total value locked onchain nears $88 billion as of April 8, after rising 116% in 2024, according to DefiLlama. Ethereum remains the top blockchain for DeFi applications, with $47.8 billion locked in the network, followed by Solana with $6.1 billion in DeFi TVL.

The rise of DeFi has intensified competition in the oracle market — an essential component for the functioning of decentralized applications. Price oracles feed real-time market data into smart contracts, acting as a bridge between blockchains and the real world.

Popular players in the oracle space include Chainlink and Pyth Network. In October 2024, Pyth flipped Chainlink in 30-day volume, reaching $36 billion in transactions. The protocol offers a pull-based model that provides data upon request, thus making it optimized for high-volume activities.

Magazine: Financial nihilism in crypto is over — It’s time to dream big again

We look forward to unveiling a new colocation service that will provide clients with access to ultra-fast execution. The service is designed to further enhance transaction performance and scalability while maintaining fair and transparent access to the global crypto market.

Starting later this year, clients will be able to access ultra-low latency transactions from their European data centres by renting Cloud Compute from Beeks, a leading provider of low-latency calculation, connectivity and analytics solutions. Targeted clients with specific technical requirements also have the option to install physical hardware in the data center and access the colocation service directly.

“Kraken has been continuously strengthening its infrastructure and technology for over a decade, and this is the next step in its evolution,” says Shannon Kurtas, Kraken’s Head of Exchange. “Working with Beeks will drive latency, more efficient price discovery and deeper liquidity in all Kraken spot and derivatives markets.”

Although the exact latency improvements vary depending on the client location, those using Beeks’ ExchangeCloud® Colocation Services experience the same low latency benefits as those installing physical hardware in their data centers. For example, traders operating from London can expect sub-millisecond latency.

“We’re looking forward to seeing you in the future,” said Gordon McArthur, CEO of Beeks Financial Cloud.

“We will set up new benchmarks for lower-rise infrastructure and secure all traders.

Kurtas added: “Many exchanges offer colocation services, but Kraken’s approach is unique. This makes it accessible to all partners and clients, not just the most active traders.