{"id":40727,"date":"2024-11-04T11:53:10","date_gmt":"2024-11-04T11:53:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/kraken-expands-in-australia-with-licensed-crypto-brokerage-for-institutional-clients\/"},"modified":"2024-11-04T11:53:10","modified_gmt":"2024-11-04T11:53:10","slug":"kraken-expands-in-australia-with-licensed-crypto-brokerage-for-institutional-clients","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/kraken-expands-in-australia-with-licensed-crypto-brokerage-for-institutional-clients\/","title":{"rendered":"Kraken Expands in Australia with Licensed Crypto Brokerage for Institutional Clients"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Kraken, a leading cryptocurrency exchange, has launched a licensed brokerage service in Australia aimed at institutional and wholesale clients. This move marks Kraken\u2019s entry into the Australian derivatives market, offering large-scale investors access to crypto-based financial products that track cryptocurrency prices without requiring direct ownership of the assets. This initiative signals Kraken\u2019s commitment to providing compliant, regulated solutions in one of its significant international markets.<\/p>\n

Crypto-Based Derivatives for Australian Clients<\/h2>\n

Available since November 3, Kraken\u2019s new service allows Australian clients to trade crypto derivatives through its platform. By using Kraken\u2019s financial services-licensed broker, investors can access multiple cryptocurrency options with versatile collateral support. This feature accommodates fiat currencies, stablecoins, and various cryptocurrencies, offering flexibility for clients\u2019 trading needs. Kraken also includes risk management tools to support advanced trading strategies<\/a> designed to enhance the security of digital assets.<\/p>\n

For those interested in the service, eligibility verification and applications are handled through the Kraken Pro app, making access straightforward for qualified investors. However, Kraken has issued a reminder about the risks inherent in certain crypto-based derivatives, cautioning that potential losses can exceed initial investments.<\/p>\n

This latest move aligns with Kraken\u2019s efforts to comply with local regulatory standards, positioning the exchange to handle an anticipated increase in institutional liquidity. Kraken\u2019s General Manager for Australia, Jonathan Miller, emphasized the importance of compliance in Kraken\u2019s operations, stating, \u201cAustralia has been a cornerstone of our global strategy.\u201d<\/em> He noted that the new service meets a clear demand among Australian wholesale clients \u201cto execute advanced trading strategies using a licensed broker.\u201d<\/em><\/p>\n

Kraken\u2019s launch of this licensed brokerage service not only enhances its offerings but also strengthens its regulatory standing. The initiative reflects Kraken\u2019s focus on meeting institutional demand within Australia\u2019s growing crypto market, demonstrating a proactive approach to align with regional compliance standards while providing innovative options for its clients.<\/p>\n

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(Originally posted on : Crypto News – iGaming.org ) Kraken, a leading cryptocurrency exchange, has launched a licensed brokerage service in Australia aimed at institutional and wholesale clients. This move marks Kraken\u2019s entry into the Australian derivatives market, offering large-scale investors access to crypto-based financial products that track cryptocurrency prices without requiring direct ownership of […]<\/p>\n","protected":false},"author":34,"featured_media":40728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40727"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=40727"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/40728"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=40727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=40727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=40727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}