Transparent institutional access to the digital asset class
Institutional clients can now securely store, manage, transfer and trade directly within Kraken Custody.* Our fully integrated experience allows institutions to quickly execute and scale their strategies supported by security protocols and application of Kraken Custody’s cutting-edge policies.
Secure digital asset storage and automated OTC trading in a single interface
Kraken Custody provides secure storage of digital assets as well as direct market access via the Kraken OTC desk’s Request for Quote (RFQ) trading feature.** RFQ is a fully automated self-service system that allows customers to execute OTC trades in seconds using the funds in their Kraken Custody vault.
RFQ is available to custodial customers who have registered with the OTC office. Kraken OTC clients also benefit from 24/7/365 access to chat trading services for high-quality, personalized service. Learn more about Kraken OTC services.
As always, Kraken Custody customers are just a quick and secure transfer from the Kraken exchange to industry-leading liquidity and institutional-grade products.
How Automated Trading Works on Kraken Custody
RFQ gives clients 24/7/365 access to instant pricing and execution of large lots. OTC trading with RFQ is a quick and easy way to instantly execute trades over $100,000.
Customers can tailor vault policies and user controls based on their needs. Access to RFQs, tradable assets and maximum trade amounts per vault can be customized as needed. Once RFQ is enabled and controls are set, the RFQ tab will appear for the specified vault users.
Execute a trade in 3 simple steps:
- Select the pair you want a quote for and indicate whether it is a buy or sell order.
- Enter the asset quantity or USD amount to exchange.
- Click “Get a Quote” to instantly receive a workable quote. Accept the quote to fulfill the order.
Access the most traded assets
Kraken Custody supports BTC, ETH and USDC (ERC-20) storage and automated OTC trading. Vault policies and user roles determine which digital assets can be traded via RFQ.
Digital assets are fully segregated and protected by industry-leading controls
We are proud to offer Kraken Custody through Kraken Financial, a US-based state-chartered bank that holds clients’ digital assets separately from the Kraken exchange.
Kraken Financial offers a familiar structure for clients from traditional finance looking to enter the digital asset class, with the safety and security they expect from a regulated financial institution.
Existing institutional clients can contact their account manager to learn more about Kraken Custody and how to activate RFQ.
*Custodial services provided by Kraken Financial, a Wyoming-licensed special purpose depository institution. Kraken Financial is not an FDIC-insured bank and deposits are neither insured by nor subject to the protections of the FDIC.
**OTC services provided by Kraken OTC. RFQ is only available to Kraken OTC clients. Existing institutional clients can contact their account manager to onboard Kraken OTC.
These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. specific trading. Kraken does not and will not endeavor to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are not; In any event, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation programs and/or regulatory protections. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply. See legal notices for each jurisdiction here.
This communication is addressed to investment professionals, high net worth companies and associations, as well as other relevant institutions to whom an invitation to engage in investment activity may legally be communicated. This communication is addressed only to such persons and must not be used or relied upon by others.
