We’re excited to announce the launch of Kraken Prime, a full-service prime brokerage resolution purpose-built to supply institutional buyers seamless entry to buying and selling, custody and financing by means of a unified platform.
With Kraken Prime, institutional shoppers achieve entry to deep, multi-venue liquidity, refined buying and selling instruments and high-touch shopper service — all consolidated right into a single, streamlined interface. It is a strategic milestone, strengthening our means to fulfill rising institutional demand by offering the efficiency, reliability and compliance requirements anticipated of a conventional prime dealer.
We launch Kraken Prime at a pivotal second. Extra establishments — together with asset managers, hedge funds and corporates — are coming to crypto as regulatory readability improves and market infrastructure matures. These entities require companions that provide each technical sophistication, institutional-grade compliance and devoted 24/7 assist to be able to interact extra deeply within the digital asset area.
Kraken Prime was constructed from the bottom as much as meet these wants. Shoppers achieve entry to liquidity representing over 90% of the digital asset market throughout greater than 20 international venues, with round the clock assist from an skilled account administration group. Trades could be executed straight from certified custody managed by Kraken Monetary, a U.S. state-charted financial institution. The platform additionally helps asset-backed lending, T+1 credit score amenities and a seamless integration with each on- and off-platform liquidity by means of an in-house sensible order routing system.
Kraken co-CEO David Ripley: “Kraken Prime is constructed to fulfill the execution high quality and repair expectations of in the present day’s institutional buyers. Our infrastructure has been battle-tested throughout a number of market cycles, and with Kraken Prime, we’re channeling that robustness and unmatched experience right into a premium expertise tailored for establishments.”
“We enter this market with a transparent mandate: Ship execution high quality, service depth and institutional rigor that not solely meet however exceed what conventional finance expects. Kraken Prime’s edge lies in prioritizing high quality, reliability and consistency, that are particularly crucial in unstable markets. We is probably not the primary to market however we’re setting the bar for institutional crypto.”