TechFlow News: Kraken has launched Kraken Institutional, a comprehensive cryptocurrency solution tailored for institutional clients. Kraken Institutional plans to roll out a suite of products, including a compliant custody solution slated for release later this year.
Tim Ogilvie, Global Head of Kraken's Institutional Business, said the new institutional brand aims to provide institutions with a full-service digital asset offering, enabling them to fully participate in the digital asset space. It consolidates Kraken’s existing products into a single platform for client access, including the company’s spot exchange, derivatives trading, qualified custody, and indices provided through Kraken subsidiary CF Benchmarks.
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