🏛️ Institutional Crypto: Crypto Prime Brokerage

Institutional crypto is advancing with the launch of prime brokerage services. Kraken has partnered with Trever to offer full-service prime brokerage to European financial institutions.

This development is significant as it indicates growing institutional interest in cryptocurrency. Other players like Ripple and Standard Chartered are also exploring prime brokerage services.

The expansion of prime brokerage services in the crypto space is expected to increase institutional participation and liquidity, ultimately driving growth in the market, and this trend is likely to continue as more institutions enter the space.