Kraken has announced the launch of its new regulated derivatives platform, significantly expanding trading opportunities for clients in the US.
Launch of Kraken Derivatives US
Kraken, led by Shannon Kurtas, has introduced its US-regulated derivatives platform, known as Kraken Derivatives US. The platform provides access to futures and spot trading for US clients.
Impact on Liquidity and Capital Efficiency
The initial rollout of the platform impacts jurisdictions including Vermont, West Virginia, North Dakota, Mississippi, and Washington, D.C. This development is expected to enhance liquidity and capital efficiency, benefiting both institutional and retail traders.
Future Plans and Expansion of the Platform
Kraken plans to integrate additional assets, such as commodities and equities, into its platform by 2025, signaling a shift towards a more comprehensive trading environment that could alter market strategies and competitive dynamics.
The launch of Kraken Derivatives US highlights the growing trend in the cryptocurrency sector towards the integration of trading platforms within a regulated framework, potentially influencing other major exchanges.
