Kraken launched a new full-service brokerage solution called Kraken Prime targeting hedge funds, asset managers, corporates, and other large-scale market participants.
Kraken Prime consolidates trading, custody, and asset financing into one streamlined interface, aiming to compete with traditional prime brokers and deepen institutional crypto adoption.
Key features of Kraken Prime include access to liquidity covering over 90% of the digital asset market, a smart order routing system, and round-the-clock high-touch client support.
The platform also offers institutional-grade asset-backed lending, T+1 credit facilities, and trades executed directly from qualified custody accounts managed by Kraken Financial, a state-chartered U.S. bank.