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Kraken Unveils White-Glove Prime Brokerage Service for Crypto Institutions

  • On Tuesday, June 3, 2025, Kraken introduced Kraken Prime, a specialized brokerage platform designed to support professional cryptocurrency traders and institutional clients.
  • Kraken launched Kraken Prime to serve institutional trading firms by offering extensive liquidity, optimal trade execution, and continuous 24/7 support.
  • The platform provides access to over 90% of the digital asset market’s liquidity, enables trading through custody managed by Kraken Financial, and offers credit and lending services.
  • David Ripley, Kraken’s co-CEO, said, "We may not be the first to market, but we're setting the bar for institutional crypto," emphasizing reliability and service quality.
  • This launch marks a strategic step to raise standards for institutional crypto access and to better integrate traditional finance with digital asset markets.
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Coin Desk broke the news in Manila, Philippines on Tuesday, June 3, 2025.
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