Crypto exchange Kraken has announced it intends to expand its Kraken Custody services to institutional clients in the UK and Australia.
The company has reported that the goal is to offer top-quality digital asset custody solutions to new and existing institutional clients located outside the United States.
This is Kraken Custody's first international launch, following its success in the US earlier this year.
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According to the official release, institutions need a secure custody solution that allows them to store, manage and grow their strategies.
Kraken Custody is a service offered by Kraken that enables institutions to store and access digital assets in compliance with regulations.