Kraken Brings Regulated Perpetual Futures to US Market

Kraken is gearing up to launch its first CFTC-regulated crypto perpetual futures in the US, marking a significant shift in the market. The exchange has partnered with Bitnomial, a CFTC-regulated Designated Contract Market acquired by Payward, to offer these products.

The perpetual futures will be available on Kraken's platform within the next 30 days and will include popular assets such as BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX. However, access to these products is restricted to eligible US clients only.

Kraken's Global Head of Derivatives, John Palmer, emphasized the importance of this move, stating that US traders have been waiting for a regulated way to trade perpetual futures, which are a core component of global crypto derivatives markets.