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Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia., institutional clients in the UK and Australia can utilize Kraken Custody to securely store, manage, and transfer their crypto assets starting July 18th.
“Kraken has long had a strong presence in the UK and Australia, so they were the prime destinations to expand Kraken Custody to. Both markets have well-established institutional crypto scenes and we anticipate the local launch of Kraken Custody will enable them to increase their engagement in the asset class.”
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