Cryptocurrency

Kraken launches crypto custody service for US institutions

Crypto custody solution will be offered through Wyoming-headquartered unit Kraken Financial

'The recent success of the bitcoin ETFs has only underscored the need for a broader range of qualified custodians,' Kraken says
'The recent success of the bitcoin ETFs has only underscored the need for a broader range of qualified custodians,' Kraken says Photo: Tiffany Hagler-Geard/Getty Images

Crypto exchange Kraken’s institutional arm has launched custody solutions in the US targeted at traditional finance firms.

The new service by Kraken Institutional will be offered through Kraken Financial, its Wyoming-headquartered chartered bank.

WSJ Logo