Kraken has launched Kraken Prime, a full-service prime brokerage platform designed for institutional investors entering the digital asset space.
The offering consolidates trading, custody, and financing solutions into a single platform, aiming to meet rising institutional demand for professional-grade crypto infrastructure, according to the company.
Kraken Prime offers access to liquidity representing over 90% of the global digital asset market across more than 20 venues.
Clients can trade directly from qualified custody managed by Kraken Financial, a U.S. state-chartered bank. The platform features include T+1 credit facilities, asset-backed lending, and a smart order routing system that integrates both on- and off-platform liquidity.
Kraken Prime for asset management
The product targets hedge funds, asset managers, and corporations looking for institutional-grade execution and risk management capabilities in crypto markets.
Kraken positions the service as a response to growing regulatory clarity and maturing infrastructure, which have made digital assets more accessible to traditional finance participants.
📣 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: https://t.co/d5Iy0yXkJ7 pic.twitter.com/u4t8czgxhi
— Kraken Pro (@krakenpro) June 3, 2025
“Kraken Prime is built to meet the execution quality and service expectations of today’s institutional investors,” Kraken co-CEO David Ripley said in a statement. “We may not be the first to market, but we’re setting the bar for institutional crypto.”
Kraken Prime distinguishes itself by offering 24/7 white-glove client support and integration with Kraken’s custody and banking services.
Kraken Prime is currently available to eligible institutional clients. The platform has received SOC 2 Type I and ISO/IEC 27001 certifications, signaling compliance with industry-standard security and operational protocols.