Kraken Launches Prime Brokerage Platform for Institutional Investors

Kraken, a major cryptocurrency exchange, has launched Kraken Prime, a platform specifically designed to serve institutional investors. This move was announced by co-CEO David Ripley and focuses on providing high-quality trading and liquidity services to hedge funds and other professional firms. 🤝 The platform consolidates various services for institutions, including trading, liquidity, and custody. It aims to address the rising demand from institutions in the crypto market. 📈 💰