Kraken is expanding its trading platform with the launch of crypto perpetual contracts in select regions. This move signifies a shift towards multi-asset trading, aiming to enhance market access and liquidity for institutions and professionals. The new offering will enable traders to leverage leveraged positions on key cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), potentially leading to increased market efficiency and accessibility.
Alexia Theodorou, Head of Derivatives at Kraken, explains that the platform is designed to meet the demands of modern traders seeking a unified trading experience encompassing various asset classes such as cryptocurrencies, foreign exchange (FX), and equities. Kraken’s expansion into regulated derivatives follows a trend of increased demand for integrated trading platforms amidst evolving market trends