Kraken’s Kraken Prime: The Brokerage Service that Crypto Institutions Didn’t Know They Needed

Ah, Kraken! The beast of the digital seas has unfurled yet another tentacle, this time in the form of Kraken Prime, a full-service prime brokerage platform aimed at institutional investors who are dipping their toes into the vast, murky waters of digital assets. It’s a one-stop shop for all things trading, custody, and financing – because, apparently, institutions are too sophisticated to settle for anything less than a gold-plated experience in the crypto world. 😏

The platform aims to consolidate these three pillars into a single, oh-so-efficient interface, with an air of importance that would make even the most seasoned banker tremble. According to the company, Kraken Prime is designed to meet the insatiable demand for professional-grade crypto infrastructure. And who could argue with that logic, right? After all, institutional investors have been waiting for just this kind of thing… or so Kraken says.

With Kraken Prime, users gain access to liquidity representing more than 90% of the global digital asset market. Oh, yes, over 20 venues – because more is always better. Don’t worry; there’s no scarcity here, only the sweet, sweet embrace of digital assets flowing in from every direction. 🌊

But wait, there’s more! Clients can now trade directly from a qualified custody managed by Kraken Financial, a U.S. state-chartered bank. T+1 credit facilities? Check. Asset-backed lending? Double-check. Smart order routing? Oh, it’s in there too, seamlessly integrating on- and off-platform liquidity – as smooth as a perfectly executed crypto transaction on a lazy Sunday afternoon.

Kraken Prime for asset management: Big Boys’ Crypto Club

Targeted at hedge funds, asset managers, and corporations that need to look smart in the digital asset space (because let’s be real, everyone needs to look like they know what they’re doing), Kraken Prime promises institutional-grade execution and risk management. It’s the kind of service that makes you feel like a financial genius just for logging in.

it’s now just a tad easier for your local hedge fund manager to get cozy with digital assets. Ah, progress!

📣 Introducing Kraken Prime – The institutional gateway to crypto

Trade, custody & finance, all in one platform.

✅ Multi-venue liquidity
✅ Smart order routing
✅ Integrated custody
✅ Flexible settlements

Where performance meets trust.

Get started:

— Kraken Pro (@krakenpro) June 3, 2025

David Ripley, Kraken’s co-CEO, stepped into the spotlight to say, “Kraken Prime is built to meet the execution quality and service expectations of today’s institutional investors.” Translation: “We’re not the first to the party, but let’s face it, we’re going to make everyone else look bad.” Kraken Prime is setting the bar high, my friends – which is exactly what you want when dealing with something as volatile as crypto.

And lest you think Kraken Prime is a run-of-the-mill product, fear not! It offers 24/7 white-glove client support and integration with Kraken’s top-tier custody and banking services. Because why would you settle for anything less when you’ve got your hands on the crypto future?

Kraken Prime is currently available to eligible institutional clients. And for those wondering about security – the platform boasts SOC 2 Type I and ISO/IEC 27001 certifications. That’s industry-standard speak for “we’re not going to let hackers mess with your assets.” Who wouldn’t want that?

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2025-06-03 19:09