Kraken Brings Prime Brokerage to European Financial Institutions via Trever

Kraken Prime is now live on Trever, the Digital Asset Operating System used by banks and brokers in Europe to run digital asset operations.

This integration brings full-service prime brokerage to European financial institutions through Kraken Prime's trading, qualified custody, and other services.

Institutions can use Trever to route execution, settle into qualified custody, and record transactions through Kraken Prime without leaving their existing operational environment.

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.'

Kraken Prime delivers institutional crypto trading across more than 20 global liquidity venues, covering over 90% of digital asset liquidity.