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Introducing Kraken Prime: A Full-Service Prime Brokerage for Institutional Crypto Clients
Introducing Kraken Prime: A Full-Service Prime Brokerage for Institutional Crypto Clients

Business Wire

timea day ago

  • Business
  • Business Wire

Introducing Kraken Prime: A Full-Service Prime Brokerage for Institutional Crypto Clients

CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, one of the longest-standing, most liquid and secure cryptocurrency platforms, today announced the launch of Kraken Prime, a full-service prime brokerage solution purpose-built to offer institutional investors seamless access to trading, custody and financing through a unified platform. With Kraken Prime, institutional clients gain access to deep, multi-venue liquidity, sophisticated trading tools and high-touch client service, consolidated into a single, streamlined interface. The launch marks a strategic milestone as Kraken strengthens its position to meet growing institutional demand with the performance, reliability and compliance standards expected of a traditional prime broker. 'Kraken Prime is built to meet the execution quality and service expectations of today's institutional investors,' said David Ripley, co-CEO of Kraken. 'Our infrastructure has been battle-tested across several market cycles, and with Kraken Prime, we're channeling that robustness and unmatched expertise into a premium experience tailor-made for institutions.' Kraken Prime launches at a pivotal moment. A broader range of institutions, including asset managers, hedge funds and corporates is coming to crypto as regulatory clarity improves and market infrastructure matures. These entities require partners that offer both technical sophistication, institutional-grade compliance and dedicated 24/7 support in order to engage more deeply in the digital asset space. Kraken Prime has been built from the ground up to meet those needs. Clients gain access to liquidity representing over 90% of the digital asset market across more than 20 global venues, with round-the-clock support from an experienced account management team. Trades can be executed directly from qualified custody managed by Kraken Financial, a US state-charted bank. The platform also supports asset-backed lending, T+1 credit facilities and a seamless integration with both on- and off-platform liquidity through an in-house smart order routing system. 'Kraken Prime enters the market with a clear mandate: deliver execution quality, service depth and institutional rigor that not only meet but exceed what traditional finance expects,' continued Ripley. 'Kraken Prime's edge lies in prioritizing quality, reliability and consistency, which are especially critical in volatile markets. We may not be the first to market but we're setting the bar for institutional crypto.' Kraken Prime is now available to eligible institutional clients. The platform is SOC 2 Type I and ISO/IEC 27001 certified, underscoring Kraken's commitment to security, compliance, and operational excellence. To learn more or request access, please visit About Kraken Kraken is a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom — for the crypto economy and beyond. Millions of individuals, professional traders, and institutions around the world use Kraken to trade digital and traditional assets, including cryptocurrencies, national currencies, U.S. futures, and U.S.-listed stocks and ETFs. Kraken markets can be monitored and traded via the web or through the Kraken and Kraken Pro iOS and Android apps. Futures platforms by NinjaTrader, a Kraken company, are available on desktop, web, and mobile via For more information about Kraken, please visit

Roy Wood Jr. Mocks White House, CNN and Patti LuPone in Peabody Awards Monologue
Roy Wood Jr. Mocks White House, CNN and Patti LuPone in Peabody Awards Monologue

Yahoo

timea day ago

  • Entertainment
  • Yahoo

Roy Wood Jr. Mocks White House, CNN and Patti LuPone in Peabody Awards Monologue

After announcing its full list of winners last month, the Peabody Awards celebrated those honorees in person Sunday night with a ceremony hosted by Roy Wood Jr. in Los Angeles. The comedian kicked things off inside the Beverly Wilshire by joking, 'Last year's host was Kumail Nanjiani, so that is back-to-back years with a minority host. The Peabodys standing up for diversity, how about that? Which means in a few months, the White House will cut their funding and so they'll have John Mulaney, that's on y'all.' More from The Hollywood Reporter How Reginald Hudlin and Shola Lynch Put Together the Greatest Call Sheet Ever Are Music and Other Celebrity Films Killing the Documentary? Questlove Reveals the Standout Musical Performance He Omitted From 'Ladies & Gentlemen ... 50 Years of SNL Music' - And Why The event honored 34 winners across entertainment, documentary, news, podcast/radio, arts, children'sand youth, public service, and interactive and immersive programming, with a focus on storytelling that reflects the social issues and emerging voices of today. Baby Reindeer, Ripley, Shogun and Will & Harper were among the recognized Hollywood projects. 'We're celebrating the fact that everyone in this room has done one of the boldest things you can do in these times, and that is just straight up tell the truth,' Wood told the crowd, acknowledging the stress of having to know all of the horrible things going on in the world to tell the truth. 'It's hard to create stuff about terrible things without knowing all of the terrible things. It's hard — that's why I quit The Daily Show, it was too much stress.' He then deadpanned, 'I work at CNN now [with comedy show Have I Got News for You], I ain't got to do nothing but plug Jake Tapper's book.' Elsewhere in his monologue, Wood told the winners — who knew they'd be winning ahead of time — to be short and sweet, joking, 'We want your acceptance speeches tonight to be brief and full of sincerities that you don't really mean, like an apology from Patti LuPone.' (The Broadway star apologized Saturday for previous comments she had made about Kecia Lewis and Audra McDonald.) 'We're celebrating the storytellers who risk, who did, who investigate, who create and illuminate,' the comedian declared before launching into the categories, which featured a star-studded roster of presenters including Aloe Blacc, Anna Kendrick, Andrew Lack, Benito Skinner, Indya Moore, Joel KimBooster, Jurnee Smollett, Linda Perry, Mandy Moore, Marissa Bode, Michael Schur, Nava Mau, Niecy Nash, Randall Park, Stephen Merchant, Uzo Aduba, Van Jones and Yvonne Orji. The night also featured two special honors, the first being the Peabody Institutional Award, given to Saturday Night Live. Jon Hamm presented, musing the 'secret sauce of the show has always been 'holding up a mirror and reflecting America's culture to us — politics, contradictions, all of it, right back at you. Yes, SNL is wigs and cue cards and gigs and gags and all of this stuff, but it's always something that dares to confront who we really are.' Lorne Michaels was on hand to accept, accompanied on stage by alums Amy Poehler, Molly Shannon and Fred Armisen. 'I don't really deserve this, but in a way I do,' Michaels teased, noting, 'During SNL 50 this year, which is stunning to even say, all of those people coming back from the first season on, all being in one room, performing and applauding, I think was one of the most moving experiences of my life. I'm not planning a 60th, but I think that getting to do what I get to do is sort of everything that makes me happy; it also makes me angry.' To close out the night, Andrea Mitchell was given the Career Achievement Award, as she reflected on her early days in news and how far women have come in the business. She added, 'All of us journalists have to be fearless. It is no exaggeration to say that strong journalism, providing accurate information to the American people, is critical to the survival of our democracy. As Thomas Jefferson wrote to the continental Congress in 1787, 'Were it left to me to decide whether we should have a government without newspapers or newspapers without a government, I should not hesitate a moment to prefer the latter.'' Best of The Hollywood Reporter 'The Studio': 30 Famous Faces Who Play (a Version of) Themselves in the Hollywood-Based Series 22 of the Most Shocking Character Deaths in Television History A 'Star Wars' Timeline: All the Movies and TV Shows in the Franchise

Introducing Kraken Prime: A Full-Service Prime Brokerage for Institutional Crypto Clients
Introducing Kraken Prime: A Full-Service Prime Brokerage for Institutional Crypto Clients

Associated Press

timea day ago

  • Business
  • Associated Press

Introducing Kraken Prime: A Full-Service Prime Brokerage for Institutional Crypto Clients

CHEYENNE, Wyo.--(BUSINESS WIRE)--Jun 3, 2025-- Kraken, one of the longest-standing, most liquid and secure cryptocurrency platforms, today announced the launch of Kraken Prime, a full-service prime brokerage solution purpose-built to offer institutional investors seamless access to trading, custody and financing through a unified platform. With Kraken Prime, institutional clients gain access to deep, multi-venue liquidity, sophisticated trading tools and high-touch client service, consolidated into a single, streamlined interface. The launch marks a strategic milestone as Kraken strengthens its position to meet growing institutional demand with the performance, reliability and compliance standards expected of a traditional prime broker. 'Kraken Prime is built to meet the execution quality and service expectations of today's institutional investors,' said David Ripley, co-CEO of Kraken. 'Our infrastructure has been battle-tested across several market cycles, and with Kraken Prime, we're channeling that robustness and unmatched expertise into a premium experience tailor-made for institutions.' Kraken Prime launches at a pivotal moment. A broader range of institutions, including asset managers, hedge funds and corporates is coming to crypto as regulatory clarity improves and market infrastructure matures. These entities require partners that offer both technical sophistication, institutional-grade compliance and dedicated 24/7 support in order to engage more deeply in the digital asset space. Kraken Prime has been built from the ground up to meet those needs. Clients gain access to liquidity representing over 90% of the digital asset market across more than 20 global venues, with round-the-clock support from an experienced account management team. Trades can be executed directly from qualified custody managed by Kraken Financial, a US state-charted bank. The platform also supports asset-backed lending, T+1 credit facilities and a seamless integration with both on- and off-platform liquidity through an in-house smart order routing system. 'Kraken Prime enters the market with a clear mandate: deliver execution quality, service depth and institutional rigor that not only meet but exceed what traditional finance expects,' continued Ripley. 'Kraken Prime's edge lies in prioritizing quality, reliability and consistency, which are especially critical in volatile markets. We may not be the first to market but we're setting the bar for institutional crypto.' Kraken Prime is now available to eligible institutional clients. The platform is SOC 2 Type I and ISO/IEC 27001 certified, underscoring Kraken's commitment to security, compliance, and operational excellence. To learn more or request access, please visit About Kraken Kraken is a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom — for the crypto economy and beyond. Millions of individuals, professional traders, and institutions around the world use Kraken to trade digital and traditional assets, including cryptocurrencies, national currencies, U.S. futures, and U.S.-listed stocks and ETFs. Kraken markets can be monitored and traded via the web or through the Kraken and Kraken Pro iOS and Android apps. Futures platforms by NinjaTrader, a Kraken company, are available on desktop, web, and mobile via For more information about Kraken, please visit View source version on CONTACT: PRESS CONTACT Lauren Post [email protected] KEYWORD: NORTH AMERICA UNITED STATES IRELAND UNITED KINGDOM EUROPE WYOMING INDUSTRY KEYWORD: APPS/APPLICATIONS TECHNOLOGY FINANCE FINTECH PROFESSIONAL SERVICES DIGITAL CASH MANAGEMENT/DIGITAL ASSETS SOFTWARE INTERNET CRYPTOCURRENCY SOURCE: Kraken Copyright Business Wire 2025. PUB: 06/03/2025 09:00 AM/DISC: 06/03/2025 08:59 AM

Exclusive: Kraken CEO fires at Saylor's latest criticism
Exclusive: Kraken CEO fires at Saylor's latest criticism

Yahoo

timea day ago

  • Business
  • Yahoo

Exclusive: Kraken CEO fires at Saylor's latest criticism

Exclusive: Kraken CEO fires at Saylor's latest criticism originally appeared on TheStreet. In a Roundtable interview at Bitcoin 2025 conference, co-CEO Dave Ripley defended Kraken's longstanding proof of reserves practice in response to criticism from Strategy co-founder Michael Saylor. Saylor had argued that on-chain proof of reserves 'weakens the security of issuers, custodians and investors' and warned that publishing wallet addresses 'exposes firms to traceability and long-term vulnerabilities.' Ripley noted, 'We are the first one to do proof-of-reserves all the way back a decade ago. We partner with a third-party auditor to do that. There's a way in which they can attest that their balances were included in the proof of reserves and that a third-party auditor tests and does the validation on chain that the assets match each of the customer liabilities that we have associated with their accounts on the platform.' He emphasized that proof of reserves is 'one piece in the puzzle of building trust' and added that it complements 'traditional financial audits that we also have in place.' Proof of Reserves (PoR) is a cryptographic method that lets crypto exchanges publicly prove they hold enough assets to match customer deposits. It typically involves third-party audits and on-chain verification to confirm balances without exposing sensitive user data. The goal is to build trust by showing the exchange isn't secretly undercollateralized or insolvent. Ripley pushed back on Saylor's assertion that on-chain transparency creates new risks. 'From our proof of reserve, we're not actually going through and doing this public publishing of all the different addresses of all the different auditors,' he explained. 'At the end of the day, this stuff is transparent and public and on-chain. And if you go look at Chainalysis or any of these different vendors, they've pretty much identified which wallets are Coinbase's and Kraken's and all the others. So, regardless of whether you do proof of reserves or not, that information's actually already in existence out there anyway.' Ripley also clarified the difference between one-to-one asset backing and simple proof of capitalization. 'It's one thing to have the assets back one-to-one — one Bitcoin in a customer account, one Bitcoin in the actual crypto wallet. It's another to say, hey, that Bitcoin you deposit is here, but I've actually changed it into a different form, another crypto asset, or I've even lent it out and I now have a liability from someone else to pay me back that Bitcoin that is actually there in your account." Exclusive: Kraken CEO fires at Saylor's latest criticism first appeared on TheStreet on Jun 2, 2025 This story was originally reported by TheStreet on Jun 2, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Andrew Scott joins A Place in Hell opposite Michelle Williams and Daisy Edgar Jones
Andrew Scott joins A Place in Hell opposite Michelle Williams and Daisy Edgar Jones

Perth Now

timea day ago

  • Entertainment
  • Perth Now

Andrew Scott joins A Place in Hell opposite Michelle Williams and Daisy Edgar Jones

Andrew Scott has joined the cast of legal thriller 'A Place in Hell'. The 48-year-old star is set to star opposite Michelle Williams and Daisy Edgar Jones in the Chloe Domont movie, according to Deadline. Domont is to direct the motion picture, and she has penned the screenplay for the film. It will tell the story of two women who work at a high-profile criminal law firm. Scott is best known for starring in 2023 romantic drama movie 'All of Us Strangers', alongside Jones' 'Normal People' co-star Paul Mescal. Like Mescal, Scott also appeared in a hit BBC TV series, 'Fleabag', and he has led the cast of Netflix thriller series 'Ripley'. Scott recently told how he credits acting for helping him overcome a speech impediment. He explained to The Times magazine: "I had a speech impediment as a child and acting helped me be less self-conscious and shy. "I had a strong lisp and in elocution lessons I practised improvisation and verbalising phrases like, 'She sells seashells on the seashore.' "I still find acting helpful." Away from appearing in front of the camera, the actor, who is due to star in 'Wake Up Dead Man', the next Knives Out mystery, takes pleasure in painting. He said: "I love painting people, and my mother [who was an art teacher] was very influential. She made sure that I drew from observation. "She always said, 'Draw something that you see, not something that is in your mind', and that's always stuck with me. "I don't have a life you'd describe as unusual. I live in the city, and I go home to Ireland and see my loved ones. "I go to the gym and, honestly, I just love going to the movies. And galleries. All of that artsy stuff gets my heart beating. "Nature is increasingly important to me. I love the coast particularly. And mountains. And spectacular canyons. All of it is pretty amazing."

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