Posted 3/20/2024, 1:30:00 PM
Kraken Launches Qualified Crypto Custody for Institutions Through Wyoming Bank
- Kraken Institutional launches qualified crypto custody solution through its state-chartered bank, Kraken Financial
- Kraken Financial is based in Wyoming, USA and authorized to offer digital asset custody and deposit accounts
- Assets are held in full-reserve and segregated from Kraken exchange for added security
- Kraken Custody will provide secure storage and seamless transfers integrated with Kraken's products
- Kraken well-suited to offer qualified custody given its security, responsive support, and trusted brand with institutions