Kraken has launched Kraken Prime, a full-service prime brokerage platform designed for institutional traders getting into the digital asset area.
The providing consolidates buying and selling, custody, and financing options right into a single platform, aiming to satisfy rising institutional demand for professional-grade crypto infrastructure, in response to the corporate.
Kraken Prime affords entry to liquidity representing over 90% of the worldwide digital asset market throughout greater than 20 venues.
Shoppers can commerce immediately from certified custody managed by Kraken Monetary, a U.S. state-chartered financial institution. The platform options embody T+1 credit score services, asset-backed lending, and a sensible order routing system that integrates each on- and off-platform liquidity.
Kraken Prime for asset administration
The product targets hedge funds, asset managers, and firms searching for institutional-grade execution and threat administration capabilities in crypto markets.
Kraken positions the service as a response to rising regulatory readability and maturing infrastructure, which have made digital property extra accessible to conventional finance contributors.
“Kraken Prime is built to meet the execution quality and service expectations of today’s institutional investors,” Kraken co-CEO David Ripley mentioned in an announcement. “We may not be the first to market, but we’re setting the bar for institutional crypto.”
Kraken Prime distinguishes itself by providing 24/7 white-glove consumer assist and integration with Kraken’s custody and banking providers.
Kraken Prime is presently accessible to eligible institutional purchasers. The platform has obtained SOC 2 Sort I and ISO/IEC 27001 certifications, signaling compliance with industry-standard safety and operational protocols.
