Kraken Institutional, the U.S.-based provider of crypto solutions for institutional investors, has launched its qualified custody solution, offered through Kraken Financial, its state-chartered bank. Headquartered in Wyoming, U.S., Kraken Financial is authorised to offer digital asset custody and deposit accounts for institutions. Kraken Financial is a segregated entity, where funds and assets are held remotely from Kraken and are available for withdrawal at all times. Kraken Financial offers a familiar structure for clients coming from traditional finance looking to enter the digital asset class. Kraken clients trade more than 200 digital assets and six currencies: GBP, EUR, USD, CAD, CHF, and AUD.
