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Kraken Institutional Platform Launches Custody Service Kraken Custody

Cryptocurrency exchange Kraken announced on Wednesday that it has launched a custody service for institutional investors through its platform Kraken Institutional. This new custody service, called Kraken Custody, will provide institutions with digital asset custody services and create deposit accounts. Kraken Custody will also allow institutions to store, manage, and transfer funds in a single interface, and will be protected by Kraken's internal security protocols.

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