Crypto exchange Kraken has launched a new institutional-focused custody service named Kraken Custody, aiming to provide qualified custody solutions for US institutional clients. This service, unveiled in Wyoming, is the first product under Kraken's new institutional brand and is offered via Kraken Financial, a state-chartered bank that holds fiat deposits in full reserve. Kraken Custody represents a significant move for Kraken to compete with Coinbase in the digital asset custody space. The launch of Kraken Custody is seen as a strategic game-changer for Kraken, combining proven security technology with a bank structure that offers legal protection for its customers.
FTX inventory of $RON tokens is gone. They sold everything. Coinbase now listing $RON All clear
🚨 BREAKING: Coinbase lists $RONIN. Trading should begin tomorrow 21st March. https://t.co/Qdf4Bqyrnt
🚨BREAKING: @COINBASE TO LIST $RONIN
Kraken presented its first crypto offering under its recently expanded institutional banner, which aims to deliver digital asset services for larger participants https://t.co/kcZOsqLj6x
Coinbase will add support for Ronin (RONIN) on the Ronin network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
🚀This is an incredibly important milestone for Kraken. Offering qualified custody is a strategic game changer for our business. Congratulations to all the Krakenites involved in bringing QC to market 🚀 https://t.co/MiNCbIpM6f
Kraken Custody is live! Great combo of proven security tech from Kraken and a bank structure providing the legal protection our customers demand. Get in touch! https://t.co/sVZ5kZ93Gv
Kraken Custody is the first product under our new institutional brand. Offered via Kraken Financial, our state-chartered bank that holds fiat deposits in full reserve, it is ideally suited to offer qualified custody solutions for US institutional clients. https://t.co/1TzDm00CBZ
Crypto exchange giant @krakenfx has unveiled an institutional-focused qualified custody service in Wyoming. By @IanAllison123. https://t.co/te81d5WlDR
KRAKEN LOOKS TO COMPETE WITH COINBASE - LAUNCHES ‘KRAKEN CUSTODY’ - Tier-1 cryptocurrency exchange, @KrakenFX today announced the launch of its own digital assets custody platform - Kraken Custody - The service could provide serious competition for @Coinbase’s well-known… https://t.co/ny83JUt54n https://t.co/JFvFE8sj25
🚨JUST IN: @KRAKENFX LAUNCHES CUSTODY PLATFORM TO COMPETE WITH @COINBASE
Kraken's institutional platform debuts custody service named Kraken Custody https://t.co/rXMAwTv2ou