Kraken Prime Brokerage & OTC Trading

Kraken's institutional prime brokerage platform provides comprehensive trading, financing, and custody services for digital assets on a unified platform. The offering combines Kraken Prime's multi-venue execution capabilities with dedicated OTC trading services for institutional clients.

Prime Brokerage Platform

Kraken Prime delivers turn-key access to institutional-grade digital asset services with multi-venue liquidity aggregating 20+ liquidity providers capturing 90% of the world's digital asset liquidity. The platform features smart order routing that continuously scans multiple venues to secure best execution prices, enhanced with powerful trading charts and analytics tools providing real-time data aggregation.

Financing and Leverage

The platform enables flexible settlement allowing clients to deploy a single line of credit to access liquidity across multiple venues. Institutions can borrow against assets in custody for leverage and shorting, access bespoke financing solutions, and pledge assets in Kraken Custody vaults as collateral to minimize counterparty risk. Clients can also earn yield on assets pledged as collateral, with distributions credited directly into their Kraken Custody vault.

OTC Trading Services

Kraken's Over-the-Counter trading desk provides personalized services for executing large cryptocurrency trades over $50,000 with minimal market impact. The desk offers both automated request-for-quote (RFQ) services and white-glove chat-based trading for discrete, secure execution of large-lot orders. Clients receive instant, large-lot pricing with guaranteed fills at exact prices before trade execution, with comprehensive asset coverage including all pairs listed on Kraken plus 150+ additional pairs available through RFQ.

Derivatives and Structured Products

Beyond spot OTC trading, Kraken's institutional offering includes derivatives trading with options and structured products, providing maximum flexibility for institutions to tailor investments in line with their specific objectives and risk management requirements.

Custody Integration

Kraken Prime provides seamless integration with Kraken Custody through Kraken Financial, a state-chartered bank, allowing institutions to access qualified custody directly from the Prime interface and trade directly out of custody. Custodied assets are fully segregated from both Kraken Financial and the Kraken exchange.

Settlement Flexibility

Kraken OTC offers flexible settlement options allowing clients to settle trades within 24 hours using their Kraken account, bank transfers, and/or external wallet transfers, enabling institutions to structure settlements according to their operational needs and treasury management requirements.

Target Clients

The platform is designed for institutional traders including trading firms, investment funds, banks, brokers, partners, asset managers, investment advisors, high-net-worth individuals, and family offices who require professional-grade infrastructure, deep liquidity, and confidential execution for cryptocurrency trading and asset management.