BlockBeats report: On February 18, U.S. cryptocurrency exchange Kraken announced that its over-the-counter (OTC) trading desk has been officially integrated with ICE Chat, the messaging platform operated by Intercontinental Exchange. This enables more than 120,000 bank, broker, and institutional users in global financial markets to communicate directly with Kraken’s OTC team and access crypto liquidity within their existing trading workflows.
Kraken stated that it is the first cryptocurrency platform approved to access ICE Chat, marking a further integration of digital asset trading into traditional financial market infrastructure.
ICE owns the New York Stock Exchange and provides data, clearing, and technology services to global financial markets. Over the past year, ICE has continued to expand its presence in the digital assets sector by investing in the prediction market Polymarket and the crypto payment company MoonPay, as well as partnering with Chainlink to bring foreign exchange and precious metals data on-chain.
Following this integration, Kraken’s crypto spot and options block trades will be listed alongside traditional asset classes such as equities and derivatives on institutional-grade communication networks.