Kraken rolls out perpetual futures for US traders through CFTC-regulated venue

CoinTelegraph·

Kraken rolls out perpetual futures for US traders through CFTC-regulated venue

60-second summary

Kraken is launching perpetual futures for US traders on a CFTC-regulated venue, expanding its derivatives offerings following the acquisition of Bitnomial. This move comes as part of a broader effort to bring crypto derivatives trading onshore, addressing regulatory concerns and providing US traders with access to a regulated market. Market implications include increased competition for traditional exchanges.

The offering follows Kraken's acquisition of Bitnomial and comes amid a broader push to bring crypto derivatives trading onshore.