It’s been an unbelievable launch yr for Kraken Institutional. We’re already gearing up for a fair greater and higher 2025, with thrilling new merchandise and initiatives designed to ship much more worth to our institutional shoppers.
Wanting again on the previous 12 months, we’re happy with the progress we’ve made in increasing our suite of institutional-grade crypto options. A number of the key highlights from our yr embrace:
Launching Kraken Institutional
On February 27, 2024 we launched our complete platform designed particularly for establishments trying so as to add digital property to their portfolios. Our full suite of crypto instruments present the infrastructure and assist they should navigate the complicated world of institutional crypto.
Debuting certified custody
Our purpose-built digital asset custody answer supplies our shoppers with the distinctive safety, transparency and regulatory compliance necessities institutional shoppers demand.
Reaching new all-time highs for Kraken futures buying and selling quantity
As our derivatives enterprise reached all-time excessive volumes in 2024, we rebranded our regulated providing as Kraken MTF. This enabled us to supply our shoppers with much more subtle buying and selling instruments and devices, additional solidifying our place as a frontrunner within the institutional crypto house.
Increasing the attain of OTC RFQ
Our RFQ consumer base has grown 50% in the identical interval, because of the OTC crew’s steady enhancements to our automated OTC buying and selling function to make sure it meets the wants of our HNWI and institutional shoppers.
Kraken Institutional’s 2024 progress by the numbers
Key statistics exhibit the momentum we’ve constructed this yr:
- 142% YoY spot quantity progress: Our spot buying and selling volumes have seen explosive progress, with a 142% improve year-over-year.
- 57% YoY stables quantity progress: Our stables volumes have additionally seen vital progress, with a 57% improve year-over-year.
- OTC quantity and consumer progress: Our OTC volumes have additionally skilled vital progress, with 54% improve year-over-year.
- Futures quantity progress: Our futures volumes have seen a 513% improve year-over-year.
- 300+ asset pairings: We added 124 new listings to our platform, bringing our whole variety of asset pairings to over 300.
Neighborhood engagement and thought management
We’ve additionally been dedicated to participating with the broader institutional crypto neighborhood, taking part in over 20 main occasions and conferences all year long, together with the Digital Asset Summit and Trade.
We hosted the Wyoming Blockchain Symposium, which supplied a novel alternative for trade leaders to come back collectively and share their insights and experience. We’re excited to announce that we’ll be sponsoring this occasion once more in 2025.
As we glance to the long run, we’re excited to construct on the momentum we’ve established in 2024. With a packed roadmap of latest merchandise and initiatives, we’re assured that 2025 will probably be a fair greater and higher yr for Kraken Institutional. Keep tuned for extra updates, and thanks once more on your partnership and assist.
These supplies are for normal info functions solely and usually are not funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any specific cryptoasset it makes out there. Some crypto merchandise and markets are regulated and others are unregulated; regardless, Kraken could or might not be required to be registered or in any other case authorised to supply particular services in every market, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and you must search impartial recommendation in your taxation place. Geographic restrictions could apply. See Authorized Disclosures for every jurisdiction right here.
It’s been an unbelievable launch yr for Kraken Institutional. We’re already gearing up for a fair greater and higher 2025, with thrilling new merchandise and initiatives designed to ship much more worth to our institutional shoppers.
Wanting again on the previous 12 months, we’re happy with the progress we’ve made in increasing our suite of institutional-grade crypto options. A number of the key highlights from our yr embrace:
Launching Kraken Institutional
On February 27, 2024 we launched our complete platform designed particularly for establishments trying so as to add digital property to their portfolios. Our full suite of crypto instruments present the infrastructure and assist they should navigate the complicated world of institutional crypto.
Debuting certified custody
Our purpose-built digital asset custody answer supplies our shoppers with the distinctive safety, transparency and regulatory compliance necessities institutional shoppers demand.
Reaching new all-time highs for Kraken futures buying and selling quantity
As our derivatives enterprise reached all-time excessive volumes in 2024, we rebranded our regulated providing as Kraken MTF. This enabled us to supply our shoppers with much more subtle buying and selling instruments and devices, additional solidifying our place as a frontrunner within the institutional crypto house.
Increasing the attain of OTC RFQ
Our RFQ consumer base has grown 50% in the identical interval, because of the OTC crew’s steady enhancements to our automated OTC buying and selling function to make sure it meets the wants of our HNWI and institutional shoppers.
Kraken Institutional’s 2024 progress by the numbers
Key statistics exhibit the momentum we’ve constructed this yr:
- 142% YoY spot quantity progress: Our spot buying and selling volumes have seen explosive progress, with a 142% improve year-over-year.
- 57% YoY stables quantity progress: Our stables volumes have additionally seen vital progress, with a 57% improve year-over-year.
- OTC quantity and consumer progress: Our OTC volumes have additionally skilled vital progress, with 54% improve year-over-year.
- Futures quantity progress: Our futures volumes have seen a 513% improve year-over-year.
- 300+ asset pairings: We added 124 new listings to our platform, bringing our whole variety of asset pairings to over 300.
Neighborhood engagement and thought management
We’ve additionally been dedicated to participating with the broader institutional crypto neighborhood, taking part in over 20 main occasions and conferences all year long, together with the Digital Asset Summit and Trade.
We hosted the Wyoming Blockchain Symposium, which supplied a novel alternative for trade leaders to come back collectively and share their insights and experience. We’re excited to announce that we’ll be sponsoring this occasion once more in 2025.
As we glance to the long run, we’re excited to construct on the momentum we’ve established in 2024. With a packed roadmap of latest merchandise and initiatives, we’re assured that 2025 will probably be a fair greater and higher yr for Kraken Institutional. Keep tuned for extra updates, and thanks once more on your partnership and assist.
These supplies are for normal info functions solely and usually are not funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any specific cryptoasset it makes out there. Some crypto merchandise and markets are regulated and others are unregulated; regardless, Kraken could or might not be required to be registered or in any other case authorised to supply particular services in every market, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and you must search impartial recommendation in your taxation place. Geographic restrictions could apply. See Authorized Disclosures for every jurisdiction right here.
