Kraken Launches Kraken Institutional for Asset Managers and High Net-Worth Individuals

Published about 2 months ago

Leading cryptocurrency exchange, Kraken, has announced the launch of Kraken Institutional. This new brand will serve as an umbrella for several of Kraken’s existing products and services specifically designed for institutions, asset managers, hedge funds, and high net-worth individuals.

Kraken Institutional aims to offer innovative, tailor-made solutions to meet the unique needs of Kraken’s institutional clients. It will act as the central point of contact for institutions seeking exposure to the crypto asset class. The platform will incorporate the Kraken products and services institutions are already using, such as spot trading, OTC trading, and staking.

Security and Customer Service with Kraken Institutional

Kraken Institutional will be safeguarded by industry-leading cybersecurity measures and backed by an award-winning account management team. Kraken has built a strong reputation as one of the most reliable and reputable players in the industry, with a fast and liquid marketplace. The new platform is poised to become the primary trading venue for institutions prioritizing speed and premium service.

David Ripley, CEO of Kraken, remarked on the company’s commitment to high-quality products and client-first experience. With over a decade of experience as a leading crypto exchange, Kraken aims to bring the same expertise and advanced technology to institutions through Kraken Institutional.

Experienced Team to Lead Kraken Institutional

Tim Ogilvie, former head of Staked, the leading non-custodial staking platform for institutions, will serve as the Global Head of Institutional at Kraken. Ogilvie will work alongside some of the most experienced engineers, product specialists, and traders in the crypto space today. The team aims to deliver reliable, scalable, and easily integrated solutions to meet clients’ expectations.

“Institutional adoption of crypto is growing rapidly, and with the launch of Kraken Institutional, we’re poised to grow with this client segment,” said Ogilvie. The recent approval of ETFs has increased institutional demand, and Kraken Institutional is preparing to meet these needs. As it continues to move at a fast pace, clients can look forward to more developments from Kraken Institutional in the near future.