Odaily Planet Daily News Kraken Institutional said in a blog post that it has expanded its Kraken Custody service to institutional clients in the UK and Australia. The blog post stated that Kraken Institutional already has a strong presence in the UK and Australia, and with the new expansion, the crypto custody product will provide clients there with solutions focused on security and customer service. Tim Ogilvie, global head of Kraken Institutional, said that Kraken will not stop in the UK and Australia, and plans to expand its global business by expanding to other markets, including the European Union, Switzerland, the Cayman Islands and the British Virgin Islands. Earlier, the cryptocurrency exchange Kraken announced in March that it had launched a custody service for its institutional platform Kraken Institutional. The new custody service, called Kraken Custody, will provide digital asset custody services and create deposit accounts for institutions. (DL News)