Prime Brokerage
A bundle of institutional-grade services -- custody, lending, trade execution -- offered to large institutional clients, typically through a single provider relationship.
Prime brokerage is a bundle of institutional-grade services — generally including custody, lending or margin financing, and trade execution across multiple venues — offered to large institutional clients, typically consolidated through a single provider relationship rather than the client managing each service separately.
Crypto prime brokerage has developed specifically to serve institutional investors (see Kaavon's "Institutional Investor" glossary definition) who need this kind of consolidated, professional-grade infrastructure, a meaningfully different service tier than a standard retail exchange account offers.
Examples
- A crypto prime brokerage client might access custody, margin financing, and multi-venue trade execution all through a single consolidated provider relationship.
- Crypto prime brokerage developed specifically to serve institutional investors' need for consolidated, professional-grade infrastructure beyond a standard retail account.