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Kraken’s Judica Chou Discusses Institutional Interest in Cryptocurrencies

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It is reported that Judica Chou, head of over-the-counter (OTC) options trading at Kraken, said that the collapse of the FTX cryptocurrency exchange and the re…

Kraken’s Judica Chou Discusses Institutional Interest in Cryptocurrencies

It is reported that Judica Chou, head of over-the-counter (OTC) options trading at Kraken, said that the collapse of the FTX cryptocurrency exchange and the recent regulatory crackdown by the United States Securities and Exchange Commission (SEC) did not stop the interest of institutions in cryptocurrencies. She said that the cryptocurrency exchange is working with different customers. “They are trying to gain directional exposure.” They see “possible assets, short-term and long-term investment opportunities.”

Kraken OTC Trading Director: Investors are still interested in cryptocurrencies and bets

Interpretation of the news:


Judica Chou, the head of over-the-counter (OTC) options trading at Kraken, recently made comments regarding institutional interest in cryptocurrencies. Despite concerns surrounding regulatory crackdowns and the recent collapse of the FTX cryptocurrency exchange, Chou stated that institutions continue to be interested in digital assets. According to Chou, Kraken is actively working with a variety of customers who are seeking different forms of exposure to cryptocurrencies.

Chou highlighted that institutions are increasingly viewing cryptocurrencies as potential assets for both short-term and long-term investment opportunities. This comes as no surprise, as we have seen a growing number of companies and financial institutions incorporate Bitcoin and other cryptocurrencies into their portfolios. Publicly traded companies such as Tesla and Square have invested heavily in Bitcoin as a way to diversify their assets, whereas traditional finance giants like JPMorgan have rolled out cryptocurrency trading services for their clients.

The recent regulatory crackdown by the SEC has caused some anxiety among crypto investors, however Chou believes that this has not stopped the interest of institutions in cryptocurrencies. In fact, regulatory clarity could be beneficial for the industry as it provides a framework for investors to operate within. Kraken has been vocal about its desire for clearer regulations, and the exchange has recently obtained a banking license in the state of Wyoming.

It is worth noting that Kraken has been one of the biggest beneficiaries of institutional interest in cryptocurrencies. The exchange has consistently ranked among the top exchanges for Bitcoin trading volume and has recently expanded its operations in Asia. The OTC options trading desk headed by Chou has played a major role in attracting institutional investors to Kraken, and the exchange has been actively working on improving its OTC services to cater to more sophisticated traders.

In conclusion, Chou’s comments show that the interest of institutional investors in cryptocurrencies remains strong despite recent market turbulence and regulatory uncertainty. It is clear that Kraken is well-positioned to benefit from this interest and is actively working on expanding its offerings to cater to institutional investors.

Overall, Kraken’s success in attracting institutional investors highlights the growing mainstream acceptance of cryptocurrencies and their potential as a legitimate asset class.

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