Kraken goes live on Trever to bring full-service prime brokerage to European financial institutions

Date:

Share post:


TL;DR

  • Kraken Prime is now available through Trever, the Digital Asset Operating System used by banks and brokers across Europe to run the full digital asset lifecycle in one environment.
  • Institutions can route execution, settle into qualified custody, and record transactions through Kraken Prime without leaving their existing operational environment.
  • Kraken Prime offers institutional crypto trading across more than 20 global liquidity venues, covering over 90% of digital asset liquidity, with smart order routing and algorithmic execution for block trades.
  • The integration is live for eligible Kraken Prime and Trever clients.

Kraken Prime, our full-service prime brokerage offering trading, qualified custody and other financial services through an integrated platform, is now available through Trever, the operating standard in digital asset banking.

Prime brokerage inside existing institutional workflows

From today, banks and brokers using Trever can route execution, settle into qualified custody, record all transactions and access other services through Kraken Prime without leaving their existing operational environment.

The integration extends Trever’s connectivity, bringing a prime brokerage relationship into the existing workflows institutional teams use across their digital asset operations.

Gurpreet Oberoi, Head of Kraken Institutional, said: “Trever’s clients are some of Europe’s most established financial institutions, and they need infrastructure that meets the operational standards their existing businesses already run on. By bringing Kraken Prime into their workflow, we’re giving them access to execution quality and qualified custody without the operational drag of stitching together multiple counterparties.”

Institutional trading and qualified custody in one platform

Kraken Prime delivers institutional crypto trading across more than 20 global liquidity venues, covering over 90% of digital asset liquidity, with smart order routing and algorithmic execution for block trades.

Settlement runs into our qualified custody solution. Trading, integrated custody and other services sit within a single platform, backed by a 24/7 institutional account management team.

Hans-Juergen Griesbacher, CEO and Co-Founder of Trever, said: “Banks and brokers want to run digital asset operations at high institutional standards, MiCA-conform and without assembling infrastructure piece by piece. This is why we integrated Kraken Prime, one of the most trusted names in institutional crypto, to bring another trading and custody connection directly into Trever.”

The integration is live and available to eligible Kraken Prime and Trever clients.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Australia asks OpenAI, Anthropic chiefs to Senate inquiry on rogue hack: Report  

A rogue OpenAI research agent bypassed blocks on the Australian government health-data portal, accessing non-public files in...

Engineering News Record Materials Price Index, and Select Individual Materials Prices

Engineering News Record (ENR) history that can be traced back to 1874. The publication has its roots...

Ōura IPO Access now available via xStocks

TL;DR Ōura, the health intelligence company behind the...

Bitget’s $388 Million Hack Could Consume 84% of Its Protection Fund

Bitget has raised its estimate of assets transferred to attacker-controlled addresses from $351.6 million to $387.5 million,...