New York – Kraken, the exchange of cryptocurrencies based in the United States, has officially introduced Kraken Prime, a dedicated prime brokerage platform designed specifically for institutional investors in the cryptography market.
Kraken Prime offers institutional clients a perfect experience in combining trade, custody and financing on a simplified platform. Through Kraken Prime, customers get access to liquidity that covers more than 90% of the cryptographic market through more than 20 global places. The platform custody services are backed by Kraken Financial, a US state bank, allowing customers to execute operations directly and safely.
“Kraken Prime is designed to comply with the high standards of quality and execution service required by today’s institutional investors,” said David Ripley, Kraken co-zo. “While we may not be the first to market, our focus on quality, reliability and consistency, especially during volatile markets, establishes a new reference point for institutional encryption services.”
The new brokerage platform also provides a set of advanced features, which include loans backed by assets, T+1 credit facilities, sophisticated commercial tools and customized custom customer support 24 hours.
Kraken Prime Kraken launch comes in response to the growing institutional interest, promoted by asset administrators, coverage funds and corporations that enter the cryptographic space more and more in the middle of a clearer regulatory guide. The regulatory perspective of the cryptographic sector has improved significantly since January, especially after a change in the United States presidential administration. Kraken recently received charges that operated an exchange of non -registered securities dismissed by the courts at the end of March, which reflects this change.
Since its foundation in 2011, Kraken has followed an aggressive global expansion strategy. Earlier this year, a $ 1.5 billion agreement ended to acquire the exchange of US futures.
With Kraken Prime, the exchange aims to consolidate its position as a leading global player in institutional cryptocurrency markets.
Also read: Kraken launches shares without ETF commissions and operations in the United States
(Tagstotranslate) Kraken Prime launch (T) Institutional cryptographic brokerage (T) Cryptography Trade Platform for Institutions (T) Kraken Crypto Custody (T) crypto
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