Kraken Expands Offerings to Provide Institutional Investors with Brokerage Services for Digital Assets
In response to the growing demand for digital asset investment opportunities, Kraken, a leading cryptocurrency exchange, has launched Kraken Prime - a unified trading platform tailored specifically for institutional crypto investors. This new prime-brokerage service aims to set the bar for institutional crypto trading, offering a streamlined interface that consolidates multiple aspects of trading, custody, and support.
Kraken Prime's key features include best execution and deep liquidity across more than 20 trading venues, ensuring competitive pricing and ample market depth. The platform also provides qualified custody solutions for secure and compliant asset storage, and 24/7 white-glove support for dedicated, around-the-clock assistance to institutional clients.
In addition to Kraken Prime, the exchange's institutional offerings include spot trading with highly liquid order books, futures trading for gaining crypto exposure without owning the underlying assets (available in select regions), staking services for earning rewards on crypto holdings, over-the-counter (OTC) trading for executing large orders discreetly, robust API integrations for seamless automation and strategy management, subaccounts for managing multiple strategies separately, and real-time and historical market data for improved research and backtesting capabilities.
Kraken Prime's infrastructure has been battle-tested across several market cycles, and it supports asset-backed lending. The platform is integrated with both on- and off-platform liquidity sources and provides T+1 facilities. It also boasts an in-house smart order routing system and aims to provide liquidity for more than 90% of the digital asset market.
Recently, Kraken has announced an expansion into futures trading with the acquisition of NinjaTrader, reportedly worth $1.5 billion. This move further solidifies Kraken's position as a comprehensive, institution-focused platform offering strong liquidity, security, execution, and support in a single, unified crypto trading environment.
With over a decade of experience and security expertise backing the platform, Kraken holds a significant market share and regulatory compliance across 190 countries. Kraken Prime's focus is on prioritizing quality, reliability, and consistency, particularly in volatile markets.
As the mainstream continues to embrace digital assets, Kraken Prime aspires to lead in institutional crypto trading, offering a comprehensive solution for institutional investors seeking to navigate the complex world of cryptocurrency.
- With its expansion into futures trading via the acquisition of NinjaTrader, Kraken is set to deliver news about finance and technology, providing a comprehensive solution for institutional investors seeking to invest in the digital asset market.
- Kraken Prime, designed for institutional crypto investors, offers key features such as best execution, deep liquidity across multiple trading venues, qualified custody solutions, and 24/7 white-glove support – all in the realm of finance and technology.
