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Home»Bitcoin»Kraken Custody is now available to institutional clients in the UK and Australia
Bitcoin

Kraken Custody is now available to institutional clients in the UK and Australia

August 17, 2024No Comments2 Mins Read
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Custody is an integral part of the institutional crypto space; institutions need a secure and reliable provider to engage with the digital asset class. We are proud to offer Kraken Custody* to clients outside of the United States, marking a key milestone since its launch in March of this year.

Kraken Institutional has a strong presence in the UK and Australia. With this expansion, our cryptocurrency custody product now offers existing and new clients in these countries a robust solution focused on security and customer service.

Providing institutions with better access to cryptography

As the market seeks more custody alternatives, Kraken Custody provides institutions looking to invest in the digital asset class with a solution that combines industry-leading security protocols and role-based access controls with seamless integration with the rest of the Kraken product suite.

More than just secure storage

Institutions need a custody solution that allows them to store, manage, and scale their strategies. Kraken Custody was built to meet these needs. We are proud to offer Kraken Custody through Kraken Financial, a U.S.-based government-chartered bank that custody clients’ digital assets separately from the Kraken exchange.

*Custody services provided by Kraken Financial, a Wyoming-chartered special purpose depository institution. Kraken Financial is not an FDIC insured bank and deposits are not insured or subject to FDIC protections.

These materials are provided for general information purposes only and do not constitute investment advice, or a recommendation or solicitation to buy, sell, stake, or hold any cryptoassets or to participate in any specific trading strategy. Kraken makes no representations or warranties of any kind, express or implied, as to the
Kraken does not guarantee the accuracy, completeness, timeliness, suitability or validity of this information and will not be liable for any errors, omissions or delays in this information or for any loss, injury or damage resulting from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of cryptoasset markets may result in loss 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 position. Geographic restrictions may apply.



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