We are excited to announce our successful integration with ICE Chat, the industry-leading instant messaging system operated by Intercontinental Exchange (NYSE: ICE), a leading global technology and data provider.
Starting today, ICE Chat’s vast network of more than 120,000 clients will be able to connect directly to our OTC desk through the same real-time communications environment used by traders across global markets. The integration enables communication between institutional trading desks in major financial centers to access our significant liquidity in the crypto spot and options markets.
Director of Kraken, Gurpreet Oberoi: “This integration opens a direct line to core institutional workflows, allowing traders to take advantage of our OTC desk’s expertise and execution in the digital asset class through a familiar interface.”
“By meeting clients where they already operate, we reduce operational friction and onboarding costs while expanding access to Kraken’s institutional liquidity.” »
Maurisa Baumann, Head of Global Data Delivery Platforms at ICE: “ICE Chat was designed specifically to meet the personalized needs of traders, and with sophisticated features such as intelligent AI-based text recognition, which turns text into actionable data, businesses using Kraken can communicate using instant, always-on connectivity, in an easy-to-access, fully compliant environment.
“We are excited to work with Kraken as they connect crypto market liquidity to ICE Chat, which has become one of the largest networks in the financial industry.”
Our OTC desk has seen continued growth as the convergence between traditional finance and the digital asset class accelerates. As the first cryptocurrency platform approved to connect to ICE Chat, we continue to focus on serving institutional clients with infrastructure aligned with the compliance, security and operational expectations of global financial markets.
We plan to constructively expand this integration through other initiatives over time, reflecting the increasing integration of digital assets into established financial markets workflows.
