Kraken preps for new crypto entrants with institutional-focused offering

Crypto exchange Kraken has debuted a platform targeted at institutional investors in a bid to work with those getting involved in the crypto space.

The company’s new institutional brand was designed to pull existing Kraken offerings into one place for clients, according to Tim Ogilvie, global head of Kraken’s institutional business.

Such services include the company’s spot exchange, as well as its derivatives trading, qualified custody and indices via Kraken subsidiary CF Benchmarks. 

Read more: Kraken, OKX the latest crypto exchanges moving into new markets

“The diversification of the institutional market to include more types of asset managers makes this a timely development,…

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