Kraken Launches Prime Brokerage Service for Institutional Crypto Traders
Kraken has launched a prime brokerage service for institutional crypto traders, Kraken Prime, which includes:
- Best execution and deep liquidity
- Access to over 90% of the digital asset market across more than 20 venues
- 24/7 support from an experienced account management team
- Direct trades from qualified custody managed by Kraken Financial
- Asset-backed lending and T+1 credit facilities
- Integration with on and off-platform liquidity via in-house smart order routing
David Ripley, co-CEO of Kraken, emphasized the service's focus on quality, reliability, and consistency, particularly in volatile markets. The offering aims to match and exceed standards seen in traditional finance.