Bitget advances institutional prime brokerage strategy via CEO Chat Series covering fragmented liquidity, smarter collateral and tokenization trends in crypto markets 2025.

River Markets raises $8.5M led by Haun Ventures to launch prime brokerage for prediction markets, offering unified execution and risk tools to professional trading firms.

OKX and Korea Investment & Securities acquire 40% stake in Coinone for 500-600 billion KRW, targeting STO and prime brokerage in Korean crypto market.

According to Evgeny Gaevoy, the real issue in crypto derivatives is not perpetual futures design but centralized and quasi decentralized exchanges that act as prime broker, central limit order book and custodian in a single venue, which drives the core market structure risk for traders, source: Evgeny Gaevoy. Gaevoy adds that traditional finance solved these structural problems long ago and argues attention should shift from tweaking perp design to fixing the exchange role combination, source: Evgeny Gaevoy.