Kraken Launches Prime Brokerage Services for Institutional Clients

Kraken debuts Kraken Prime, its full-service institutional crypto brokerage, offering trading, custody, and financing tools to meet industry demand.
What’s the Scoop?
- Launch of Kraken Prime: Kraken introduces a full-service prime brokerage solution called Kraken Prime, targeted at institutional investors, integrating trading, custody, and financing.
- Institutional Focus: Kraken Prime offers multi-venue liquidity access, T+1 credit facilities, and asset-backed lending tailored for institutions like hedge funds and corporates.
- Competitive Positioning: Kraken aims to rival Coinbase Prime and FalconX by providing quality execution and institutional-grade compliance in the crypto space.