Kraken Links OTC Desk to ICE Chat for Institutional Traders
Kraken said it has integrated its OTC desk with ICE Chat, enabling institutional clients and brokers to access crypto liquidity within the same communication and workflow environment they already use for traditional assets. The connection lets traders negotiate and facilitate block trades and price discovery through ICE’s messaging fabric while tapping Kraken’s liquidity pools, removing a layer of manual coordination between systems.
The integration matters because it addresses a key barrier for institutional flow: operational friction and fragmented channels. By embedding crypto liquidity into established trading workflows, Kraken hopes to speed execution, improve pre-trade communication and better meet compliance and counterparty requirements. The move is a further sign that major crypto liquidity providers are aligning with legacy market infrastructure to attract larger, more regulated participants.