Kraken Expands Services with Regulated Spot Margin Trading for US Retail Investors

Kraken, a leading cryptocurrency exchange, has expanded its services to include regulated spot margin trading for eligible US retail investors. The new feature is available on Kraken's Pro platform and allows users to trade with up to 10x leverage using their existing crypto holdings as collateral.

The rollout follows Kraken's recent $550 million acquisition of Bitnomial, a Chicago-based derivatives exchange and clearinghouse. This acquisition played a key role in enabling Kraken to launch the new service, which is offered through a CFTC-registered entity.

Eligible users on Kraken Pro can now open leveraged long or short positions without needing accredited investor status or a large institutional portfolio. The platform also includes stop loss functionality and allows traders to view important risk metrics before opening positions.