Automated OTC trading is now available on Kraken Custody.
Seamless institutional access to digital asset classes
Institutional customers can now securely store, manage, transfer, and trade directly within Kraken Custody.* Our fully integrated experience allows institutions to quickly execute strategies supported by Kraken Custody’s cutting-edge security protocols and policy enforcement. and can be expanded.
Secure digital asset storage and automated OTC trading in a single interface
Kraken Custody provides secure digital asset custody along with direct market access through the Kraken OTC desk’s Request for Quote (RFQ) trading feature.** RFQ allows clients to execute OTC trades in seconds using It is a fully automated self-service system. Funds in Kraken Custody vault.
RFQs are available to depository customers who register with the OTC desk. Kraken OTC customers also have 24/7 access to our chat trading service for personalized service. Learn more about Kraken OTC services.
As always, Kraken Custody is the only way for customers to quickly and securely transfer market-leading liquidity and institutional grade products from the Kraken exchange.
How Kraken Custody Automated Trading Works
RFQ provides customers with 24/7/365 access to immediate, high-volume pricing and execution. OTC trading through RFQ is a quick and easy way to execute trades worth $100,000 or more instantly.
Clients can tailor vault policies and user controls to suit their needs. RFQ access, tradable assets, and maximum transaction amount per vault can be customized to suit your needs. Once RFQ is enabled and under control, the RFQ tab appears for a given Vault user.
Execute a trade in 3 simple steps:
- Select the pair you want to quote and indicate whether you want to place a buy or sell order.
- Enter the asset quantity or USD amount you wish to trade.
- Click “Get a Quote” to receive an actionable quote instantly. Please accept the quote to execute your order.
Access the most traded assets
Kraken Custody supports BTC, ETH, and USDC (ERC-20) storage and automated OTC trading. Vault policies and user roles determine which digital assets can be traded through RFQ.
Digital assets are fully isolated and protected through state-of-the-art controls.
We are proud to offer Kraken Custody through Kraken Financial, a U.S.-based state-chartered bank that holds customers’ digital assets separately from the Kraken Exchange.
Kraken Financial offers a familiar structure for traditional financial clients looking to enter digital asset classes with the safety and security they expect from a regulated financial institution.
Existing institutional customers can contact their account manager to learn more about Kraken Custody and how to activate an RFQ.
*Kraken Financial, a Wyoming chartered special purpose depository institution, provides custody services. Kraken Financial is not an FDIC insured bank and deposits are neither insured nor protected by the FDIC.
** OTC services are provided by Kraken OTC. RFQs are available only to Kraken OTC customers. Existing institutional customers can enroll in Kraken OTC by contacting their account manager.
These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are regulated, while others are not. Nonetheless, Kraken may or may not be required to register or obtain approval to offer certain products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be payable on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice on your tax position. Geographic restrictions may apply. Please check the legal disclosures for each jurisdiction. here.
This communication is intended for investment professionals, high net worth companies and associations, and other related entities who may legally receive an invitation to engage in investment activities. These communications are addressed solely to such persons and should not be acted upon or relied upon by any other person.
