Kraken Institutional's New Offering for Institutions in Crypto-Friendly Wyoming
Wednesday, 20 March 2024, 13:30
Kraken's Qualified Custody Service in Wyoming
Kraken Institutional has introduced a new qualified custody service tailored for institutional investors in Wyoming. The service is operated under Kraken's state-chartered banking license obtained in 2020.
Key Highlights:
- Secure Custody: Kraken's offering ensures a secure storage solution for institutional cryptocurrency assets.
- Compliance Focus: Operated within Wyoming's crypto-friendly environment, the service emphasizes compliance with regulations.
This new service underlines Kraken's dedication to meeting the custody needs of institutional clients in a reputable and regulated manner, signaling a significant advancement in the cryptocurrency market.
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.