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Kraken Custody is now available to institutional clients in the UK and Australia

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Source: Kraken

Custody is integral to the institutional crypto space; institutions need a secure and trusted provider to engage in the digital asset class. We’re proud to offer Kraken Custody* to clients outside the U.S., marking a key milestone since it launched in March this year.

Kraken Institutional has a strong presence in the UK and Australia. With this expansion, our crypto custody product now provides both existing and new clients in these countries with a robust solution focused on security and client service.

Providing institutions with better access to crypto

As the market seeks more custody alternatives, Kraken Custody provides institutions looking to invest in the digital asset class with a solution that marries cutting-edge security protocols and role-based access controls with seamless integration to the rest of the Kraken product suite. 

More than just secure storage

Institutions require a custody solution that enables them to store, manage and scale their strategies; Kraken Custody has been built with these needs in mind. We’re proud to offer Kraken Custody through Kraken Financial, a U.S.-based, state-chartered bank that holds clients’ digital assets separate from the Kraken exchange.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken makes no representation or warranty of any kind, express or implied, as to the
accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.

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Author: KrakenFX