TechFlow news, November 4 — According to Cointelegraph, cryptocurrency exchange Kraken has launched licensed brokerage services in Australia, primarily targeting wholesale clients and institutional investors. The service enables qualified clients to trade crypto-based derivatives through the Kraken platform without directly holding digital assets.
Kraken Australia General Manager Jonathan Miller said Australian wholesale clients have been seeking options to "execute advanced trading strategies through licensed brokers." He emphasized that Australia is a "cornerstone" of Kraken's global operations, and the company is committed to unlocking "institutional demand for crypto assets" while maintaining compliance.
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