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Kraken Revolutionizes Crypto Trading with New Custody Service

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by Giorgi Kostiuk

4 hours ago


Kraken has announced the launch of an ultra-low latency custody service, promising trade execution in under 1 millisecond, available globally in the coming weeks.

Kraken's New Custody Service

Kraken's new custody service sets trade execution to under 1 millisecond, designed for multiple client types beyond large institutions.

Many exchanges offer colocation services, but Kraken's approach is unique – we're making it accessible to all partners and clients, not just institutions.Shannon Kurtas, Kraken's Head of Exchange

Market Changes Anticipated

Latest price data is yet to be detailed, but market observers anticipate fluctuations. Analysts highlight a link with previous advancements in trading technology.

Accessibility and New Market Standards

Insights suggest infrastructural shifts can lead to greater liquidity and enhanced trading experience. Kraken's focus on inclusivity aims to balance competitive dynamics within the crypto space.

Kraken's new service is expected to significantly impact market standards, enhancing accessibility and efficiency in cryptocurrency trading.

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