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Kraken Introduces 'Block Trading' OTC Option for Trades of $100K or More

From bitcoinist.com

A short post on the Kraken blog announced a major addition to the exchange. Kraken introduced a block trading option for those who are ready to bet $100,000 or more on crypto. Venture capitalists, investment firms, family offices, and high net-worth individual investors are often willing to gamble hundreds of thousands — perhaps millions— on the cryptocurrency market. Yet the current infrastructure doesn’t always allow it. Such high-value investments are called “block trades,” and receive a category of their own because of the unique challenges they encounter. For example, when a party trades $1 million worth of ... (full story)

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  • Category: Fundamental Analysis