Image default
Exchange

Announcing Kraken integration with ICE Chat, expanding institutional OTC access



We’re excited to announce our successful integration with ICE Chat, the industry-leading instant messaging system operated by Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data. 

From today, ICE Chat’s extensive network of over 120,000 clients will be able to connect directly with our OTC desk through the same real-time communications environment used by traders across global markets. The integration enables communication between institutional trading desks across major financial centers with a view to accessing our deep liquidity across crypto spot and options markets. 

Head of Kraken Institutional Gurpreet Oberoi: “This integration opens a direct line into core institutional workflows, enabling traders to engage with our OTC desk’s expertise and execution in the digital asset class through a familiar interface.”

“By meeting clients where they already operate, we reduce operational friction and onboarding overhead while expanding access to Kraken’s institutional liquidity.”

ICE Head of Global Data Delivery Platforms Maurisa Baumann: “ICE Chat was designed specifically to match the custom needs of traders, and with sophisticated functionality like AI-powered Smart Text Recognition, which turns texts into actionable data, firms using Kraken can communicate using always-on, instantaneous connectivity, in an easy-to-access, fully compliant environment.”

“We’re pleased to work with Kraken as they connect their crypto market liquidity with ICE Chat, which has become one of the largest networks in the financial industry.”

Our OTC desk has seen continued growth as the convergence between traditional finance and the digital asset class accelerates. As the first cryptocurrency platform approved to connect to ICE Chat, we continue to focus on serving institutional clients with infrastructure aligned to the compliance, security and operational expectations of global financial markets. 

We expect to constructively expand this integration across additional initiatives over time, reflecting the increasing integration of digital assets into established financial market workflows. 

The post Announcing Kraken integration with ICE Chat, expanding institutional OTC access appeared first on Kraken Blog.



Source link

Related posts

Roba Shatters Closed Systems: The People’s Robotics Platform Launches To Dominate $218b Industry

Tokenaltcoin

The FCA Should Seize the Opportunity in Tokenisation

Tokenaltcoin

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

Tokenaltcoin