Kraken Pro Debuts xStocks Perpetual Futures in the EU

Kraken Pro, the professional trading entity of Kraken, has launched xStocks perpetual futures for EU users. This move marks a key milestone in the platform's synthetic trading instruments.

The xStocks perpetual futures provide EU-based traders with exposure to notable products such as Apple (AAPL), Circle Internet Group (CRCL), and SPDR Gold Shares ETF (GLD) without any expiry date. Each contract references a synthetic index instead of conferring underlying shares' ownership, allowing for consistent trading opportunities while decreasing entry barriers.

Kraken emphasizes that the respective products are synthetic instruments to facilitate traders seeking diversified exposure. The launch is anticipated to attract both institutional and retail traders who are looking for innovative methods to leverage equity-like exposure through crypto exchanges.