Kraken Institutional launches managed crypto yield strategy with Bitwise

Kraken Institutional has introduced a bespoke yield strategy for eligible clients through a new partnership with Bitwise Asset Management, marking the exchange’s first managed investment product available through its institutional platform.

The Bitwise Custom Yield Strategy is managed by Bitwise and executed entirely within Kraken’s qualified custody, trading and risk infrastructure. In a statement, the company said the strategy offers institutional investors professionally managed exposure to crypto-based yield while maintaining full integration with Kraken’s compliance and security systems.

Gordon Grant, head of derivatives at Bitwise, leads day-to-day portfolio management, while Kraken provides the underlying infrastructure, governance and oversight.

“Kraken is expanding beyond custody and execution to provide clients with access to professionally managed opportunities through a single, trusted venue,” said Gurpreet Oberoi, head of Kraken Institutional.

“This offering represents the first of multiple strategies as we build the infrastructure institutions need to access diverse crypto opportunities with confidence.”

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Kraken said all strategies available through its institutional platform undergo a formal internal review and remain subject to ongoing oversight. The Bitwise product features minimal lock-up periods to support flexible liquidity management.

Additional fund managers and strategies are expected to be added over time.

The Recap

• Kraken Institutional offered a bespoke Bitwise yield solution.
• Strategy delivered by Bitwise Asset Management within Kraken custody.
• Additional strategies and managers are expected to be added.