In a significant move for the cryptocurrency trading landscape, Kraken has unveiled its intention to introduce CFTC-regulated perpetual futures for both retail and institutional clients in the United States. According to the assessment of specialists presented in the publication, this development is set to take place within the next month, marking a pivotal step towards greater regulatory compliance in the crypto derivatives market.
Introduction of Perpetual Contracts on Bitnomial Exchange
The upcoming perpetual contracts will be available on Bitnomial Exchange, LLC, a platform recently acquired by Payward, the parent company of Kraken. This acquisition is part of Kraken's broader strategy to enhance its offerings and provide a secure trading environment for its users.
Clearing Services by NinjaTrader Clearing
Clearing services for these futures will be handled by NinjaTrader Clearing, LLC, which will operate under the name Kraken Derivatives US. This collaboration aims to ensure that US traders have access to regulated crypto derivatives, thereby improving oversight and compliance within the rapidly evolving market.
Recently, Coinbase introduced a new trading option for pre-IPO companies, including SpaceX, which contrasts with Kraken's upcoming CFTC-regulated perpetual futures for crypto trading. For more details, see more.
