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Kraken’s Power Play: Crypto Exchange Rolls Out Prime Brokerage to Woo Wall Street Whales
Kraken’s Power Play: Crypto Exchange Rolls Out Prime Brokerage to Woo Wall Street Whales
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Kraken just fired the latest salvo in the institutional crypto arms race—launching a prime brokerage service tailor-made for hedge funds and asset managers. Because nothing says ’maturity’ like helping billionaires ape into volatile digital assets with leveraged precision.
The move signals crypto’s creeping legitimacy—or perhaps just Wall Street’s desperation for yield in a zero-rate zombie market. Either way, the suits are coming. And they’re bringing their prime brokerage fee structures with them.
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