Kraken Prime is now live through Trever, letting European banks and brokers route crypto execution, settle into qualified custody, and book transactions without leaving Trever’s operating stack. Kraken says Prime connects to 20+ global liquidity venues covering more than 90% of digital asset liquidity, with smart order routing and algo execution for block trades. The play is distribution: Kraken gets embedded in workflows institutions already use for trading, treasury, settlement and bookkeeping, instead of asking them to stitch together another set of counterparties.

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