Kraken Rolls Out VIP Crypto Prime Brokerage—Because Even Digital Assets Need a Butler
Institutional crypto players just got a red-carpet treatment. Kraken’s new prime brokerage service promises white-glove execution—because nothing says ’mature market’ like hedge funds demanding bespoke spreads and OTC desks.
The offering targets whales with custody, leverage, and staking baked in—Wall Street’s playbook, now with extra blockchain. Skeptics whisper it’s just repackaged liquidity for the same old leveraged gamblers. But hey, at least the suits stopped calling it ’magic internet money.’