Kraken Introduces Ultra-Low Latency Custody Service
Kraken is preparing to launch an ultra-low latency custody service, aiming to execute trades in under 1 millisecond. The service will become available to clients globally in the coming weeks.
This initiative by Kraken significantly advances industry standards, highlighting a commitment to fairness. It may influence market dynamics and trading volumes amid growing interest in ultra-fast trades.
Kraken’s Custody Service Promises Sub-Millisecond Trades
Kraken’s new custody service sets trade execution to under 1 millisecond. The offering is novel in cryptocurrency exchanges, designed for multiple client types, not just large institutions.
Shannon Kurtas, Kraken’s Head of Exchange, emphasized accessibility and fairness, stating, “Many exchanges offer colocation services, but Kraken’s approach is unique – we’re making it accessible to all partners and clients, not just institutions.” This marks a departure from traditional industry methods that limit advanced services to select groups.
Market Anticipates Changes with New Kraken Service
The latest price data is not detailed yet, though market observers anticipate fluctuations as traders explore new execution capabilities. Analysts highlight a link with previous advancements in trading technology.
Experts predict transformative shifts in market participation, driven by enhanced access to low-latency execution. Regulatory environments may adapt, prompting further integration of cloud services in trading activities.
Kraken’s Approach May Set New Market Accessibility Standards
This development mirrors trading shifts during previous technological breakthroughs. Historical strategies saw limited participant expansion, yet Kraken’s broad approach could redefine market accessibility standards.
Insights suggest similar infrastructural shifts have led to greater liquidity and enhanced trading experience. The strategic focus on inclusivity aims to balance competitive dynamics within the cryptocurrency sphere.
The post Kraken Introduces Ultra-Low Latency Custody Service appeared first on Kanalcoin.
Filed under: News - @ March 17, 2025 12:28 pm