Kraken Taps Bitnomial Deal to Unlock CFTC-Regulated Crypto Perpetual Futures in US

Date:

Share post:


Kraken has launched
CFTC-regulated perpetual futures in the United States, expanding its domestic
derivatives offering and giving eligible clients access to one of the most
widely traded crypto products through a regulated venue.

In April this year,
Kraken’s parent company Payward
agreed to acquire US crypto derivatives firm Bitnomial
, which holds all
three required CFTC licences for a vertically integrated derivatives business.
The deal is valued at up to $550 million, with its regulatory footprint seen as
a key strategic factor.

US Crypto Perpetuals Go Onshore

The exchange said
eligible US clients can now trade perpetual futures on Kraken Pro, where the
contracts sit alongside spot, margin, and CME-listed crypto futures in a single
interface.

Perpetual futures are
derivative contracts that track the price of an underlying asset without expiry
or settlement. Unlike traditional futures, they can remain open indefinitely,
allowing traders to maintain leveraged long or short exposure without rolling
positions forward.

Kraken said perpetual
futures generated more than $60 trillion in annual trading volume in 2025,
making them the dominant product in global crypto derivatives markets.
Regulated access in the US has remained limited, with most activity taking
place on offshore platforms.

Kraken Expands US Derivatives Platform

At launch, contracts
cover major cryptocurrencies including Bitcoin, Ethereum, Solana, XRP, Cardano,
Chainlink, Dogecoin, Litecoin, and Avalanche. The company said it plans to
expand the range of contracts and collateral options over time.

Darius Tabatabai, Head
of Kraken Pro, said US traders have been waiting for “a regulated, domestic
way” to access crypto perpetual futures, which now sit alongside spot and
futures on Kraken Pro. He added that Bitnomial’s “regulated infrastructure”
enabled the launch and US market access.

The rollout follows
Kraken’s earlier US
expansion into CME-listed futures in July 2025
and margin trading earlier
this month. The products are offered through NinjaTrader Clearing, LLC, a
CFTC-registered Futures Commission Merchant.

This article was written by Tareq Sikder at www.financemagnates.com.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

How To Apply for an Australian Visa

From Sydney’s harbour and Melbourne’s laneways to Perth’s beaches and Brisbane’s sunshine, Australia gives you plenty of...

CoinRoutes Adds Dedicated Wincent FIX Sessions for Institutional Clients

CoinRoutes has added dedicated FIX connectivity to crypto market maker Wincent, allowing institutional clients to access its...

Strategy Sets Bold Goal to Become the World’s Largest Public Company

Key TakeawaysStrategy reaffirmed its goal of becoming the world’s largest company.Management tied bitcoin, digital credit, and equity...

NEAR Adds Staking-Based Payments For AI Compute Credits

NEAR has launched a staking-based payment model for NEAR AI, giving users a way to lock NEAR...