Kraken is now offering crypto perpetual futures in the European Economic Area (EEA). The crypto exchange says it is the first platform to offer this regulated feature.
Kraken will offer the derivatives through Payward Europe Digital Solutions (CY) Ltd – a Cyprus-based MiFID II-regulated entity. Kraen acquired the entity earlier this year.
Shannon Kurtas, Head of Exchange at Kraken, said that Europe is one of the most dynamic markets for digital assets including derivatives. With the advent of regulatory clarity, there is increased demand from both institutional and retail investors.
“Institutions increasingly seek integrated platforms capable of supporting their trading across spot and derivatives without the operational burden of multiple counterparties,” said Kurtas. “By offering regulated and highly liquid derivatives alongside our existing services, Kraken simplifies due diligence, accelerates time to market, and reduces legal and operational complexity and all-in costs.”
Kraken continues to expand its services for investors as it builds a modern trading platform including digital and traditional assets, national currencies, US futures, and US-listed stocks and ETFs.
Kraken is a top twenty crypto exchange, averaging around $1.2 billion in trading volume every day.
Kraken received a VASP license in Ireland in 2023.
It has been reported that Kraken may go public in 2026.