Kraken Launches Prime Brokerage Services for Institutional Clients
'Kraken Prime' will compete with Coinbase Prime and FalconX.
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.
Bankless
It’s time to break up with your bank, and join the movement for a better world.
