Odaily Planet Daily News: The newly established institutional business unit of cryptocurrency exchange Kraken has begun to provide custody services to customers in the UK and Australia, and is expected to expand the service to more regions in the future, such as the European Union, Switzerland, and the Cayman Islands. Kraken Institutional is designed for users such as hedge funds and exchange-traded fund issuers, and was launched in the United States by the San Francisco-based company in March.