We’re excited to announce our profitable integration with ICE Chat, the industry-leading on the spot messaging system operated by Intercontinental Trade (NYSE: ICE), a number one international supplier of expertise and knowledge.
From at present, ICE Chat’s intensive community of over 120,000 shoppers will be capable of join immediately with our OTC desk by way of the identical real-time communications surroundings utilized by merchants throughout international markets. The mixing permits communication between institutional buying and selling desks throughout main monetary facilities with a view to accessing our deep liquidity throughout crypto spot and choices markets.
Head of Kraken Institutional Gurpreet Oberoi: “This integration opens a direct line into core institutional workflows, enabling merchants to have interaction with our OTC desk’s experience and execution within the digital asset class by way of a well-recognized interface.”
“By assembly shoppers the place they already function, we scale back operational friction and onboarding overhead whereas increasing entry to Kraken’s institutional liquidity.”
ICE Head of World Knowledge Supply Platforms Maurisa Baumann: “ICE Chat was designed particularly to match the customized wants of merchants, and with refined performance like AI-powered Good Textual content Recognition, which turns texts into actionable knowledge, corporations utilizing Kraken can talk utilizing always-on, instantaneous connectivity, in an easy-to-access, absolutely compliant surroundings.”
“We’re happy to work with Kraken as they join their crypto market liquidity with ICE Chat, which has develop into one of many largest networks within the monetary {industry}.”
Our OTC desk has seen continued progress because the convergence between conventional finance and the digital asset class accelerates. As the primary cryptocurrency platform authorised to connect with ICE Chat, we proceed to concentrate on serving institutional shoppers with infrastructure aligned to the compliance, safety and operational expectations of world monetary markets.
We anticipate to constructively increase this integration throughout extra initiatives over time, reflecting the growing integration of digital belongings into established monetary market workflows.
