We’re excited to announce the launch of Kraken Prime, a full-service prime brokerage resolution purpose-built to supply institutional traders seamless entry to buying and selling, custody and financing by means of a unified platform.
With Kraken Prime, institutional purchasers achieve entry to deep, multi-venue liquidity, refined buying and selling instruments and high-touch consumer service — all consolidated right into a single, streamlined interface. It is a strategic milestone, strengthening our potential to satisfy rising institutional demand by offering the efficiency, reliability and compliance requirements anticipated of a standard 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 supply each technical sophistication, institutional-grade compliance and devoted 24/7 help in an effort to interact extra deeply within the digital asset house.
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 help from an skilled account administration crew. Trades may be executed instantly 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 services and a seamless integration with each on- and off-platform liquidity by means of an in-house good order routing system.
Kraken co-CEO David Ripley: “Kraken Prime is constructed to satisfy the execution high quality and repair expectations of at this time’s institutional traders. 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 important in unstable markets. We might not be the primary to market however we’re setting the bar for institutional crypto.”
Kraken Prime is now accessible to eligible institutional purchasers. The platform is SOC 2 Sort I and ISO/IEC 27001 licensed, underscoring Kraken’s dedication to safety, compliance and operational excellence.