Kraken’s full-service prime brokerage platform, Kraken Prime, goes live on Trever — the Digital Asset Operating System deployed by European banks and brokers for end-to-end digital asset operations — as of July 1, 2026. Kraken Blog The integration gives institutional clients direct access to prime brokerage services, crypto trading, qualified custody, and execution without leaving their existing operational workflows.
Eligible Kraken Prime and Trever clients, including European banks and brokers already using Trever’s workflow tools, can access the full integrated service suite immediately upon launch, with no additional onboarding steps required for existing Trever users. All activity is routed through Trever’s existing MiCA-aligned operational environment, per the official announcement. Kraken Blog
What the Kraken Prime-Trever integration delivers for European institutions
The integration delivers Kraken’s full prime brokerage capabilities directly to Trever’s European institutional client base, connecting to more than 20 global liquidity venues that Kraken states cover over 90% of total digital asset liquidity. Kraken Blog This liquidity access eliminates the need for institutions to source execution across multiple external venues for large block trades.
All settlement for trades executed via the integrated prime brokerage platform flows directly into Kraken’s qualified custody solution, eliminating intermediate counterparty risk for client assets held on the platform. Kraken Blog The platform includes smart order routing, algorithmic execution tailored for block trades, and 24/7 dedicated institutional account management for all prime brokerage clients.
Gurpreet Oberoi, Head of Kraken Institutional, noted the integration removes “the operational drag of stitching together multiple counterparties” for Trever’s client base of European banks and brokers. Kraken Blog Prior to this launch, European institutions using Trever had to manage separate vendor relationships for crypto trading, custody, and compliance services, adding significant operational overhead to digital asset offerings.
The integration is available to all eligible clients across the EU’s 27 member states and European Economic Area (EEA) jurisdictions subject to MiCA requirements, per Kraken’s announcement. Kraken Blog
Compliance, operational safeguards, and common questions
Trever, the Digital Asset Operating System used by European financial institutions for end-to-end digital asset operations, now embeds Kraken Prime’s full prime brokerage suite directly into its existing workflow tools. The integration routes all client activity through Trever’s MiCA-aligned operational environment, per the official announcement. Kraken Blog
Hans-Juergen Griesbacher, CEO and Co-Founder of Trever, stated the partnership lets banks and brokers “run digital asset operations at high institutional standards, MiCA-conform and without assembling infrastructure piece by piece.” Kraken Blog The integration eliminates the need for European institutions to manage separate relationships with trading, custody, and compliance providers for crypto operations, cutting onboarding complexity for Trever’s existing client base of European banks and brokers. Kraken Blog All compliance reporting required under MiCA is automated via Trever’s existing workflow tools, eliminating manual reporting work for institutional clients.
All client assets held via the integrated prime brokerage platform are covered by Kraken’s qualified custody solution, eliminating intermediate counterparty risk for client holdings, per the official announcement. Kraken Blog
Which European institutions are eligible to access Kraken Prime via Trever?
Eligible clients include European banks and brokers already using Trever’s Digital Asset Operating System for their operational workflows, per Kraken’s official announcement. Kraken Blog Eligible clients must hold an active Trever Digital Asset Operating System account in good standing to access the integrated services. All qualifying clients can access the full integrated prime brokerage service suite immediately upon launch, with no additional onboarding steps required for existing Trever users.
What crypto services are available through the integrated platform?
The integration provides access to Kraken Prime’s full prime brokerage service suite, including crypto trading, qualified custody, execution services, smart order routing, and algorithmic execution tailored for block trades, per the official announcement. Kraken Blog 24/7 dedicated institutional account management is also included for all integrated prime brokerage clients.
How does the integration ensure regulatory compliance for EU-based clients?
All activity conducted via the integrated prime brokerage platform is routed through Trever’s MiCA-aligned operational environment, ensuring compliance with the EU’s Markets in Crypto-Assets Regulation requirements for digital asset operations, per Kraken’s announcement. Kraken Blog This eliminates the need for individual institutions to secure separate MiCA licenses for crypto trading and custody activities.
What liquidity access do integrated clients receive via the platform?
Clients gain access to more than 20 global liquidity venues, which Kraken states cover over 90% of total global digital asset liquidity, for trade execution across supported digital asset pairs via the integrated prime brokerage platform. Kraken Blog
Bottom line: European banks and brokers already using Trever’s Digital Asset Operating System can immediately access institutional-grade crypto prime brokerage, qualified custody, and 20+ global liquidity venues covering over 90% of global digital asset liquidity within their existing workflows, eliminating the need to build or manage separate crypto trading, custody, and compliance infrastructure, with all activity fully routed through a MiCA-aligned operational environment.
