Kraken Introduces Qualified Custody Solution for Institutional Clients in Wyoming

Wednesday, 20 March 2024, 13:30

Kraken, the popular cryptocurrency exchange, has announced the launch of its qualified custody service specifically for institutional clients in the crypto-friendly state of Wyoming. This move aims to provide enhanced security and regulatory compliance for institutions looking to invest in digital assets. With this new service, Kraken establishes itself as a key player in the evolving landscape of institutional-grade cryptocurrency services.
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Kraken Introduces Qualified Custody Solution for Institutional Clients in Wyoming

Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming

Kraken Institutional has introduced a qualified custody service tailored for institutional clients in Wyoming, operating under the exchange’s state-chartered banking license. This new offering signifies a significant step towards increasing security and compliance within the cryptocurrency sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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