The move links Kraken’s over-the-counter lending business with Maple’s blockchain-based credit infrastructure, extending institutional crypto financing onchain.
Kraken said it is expanding its OTC (over-the-counter, direct bilateral trading) lending business through an onchain warehouse facility via Maple. The development points to deeper use of blockchain-based credit rails for institutional crypto financing, where warehouse facilities can provide pooled capital that supports loan origination before assets are moved into longer-term structures. The brief announcement did not include financial terms or launch metrics.