Kraken ‘plans’ regulated perp contracts as rivals are quick off the blocks

CoinTelegraph3h agoUpdated 2h ago
Kraken ‘plans’ regulated perp contracts as rivals are quick off the blocks
Smart Read

In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within "the next month."...

Key takeaways

  • 1Kraken plans to launch CFTC-regulated Bitcoin perpetual futures contracts within 30 days on Bitnomial Exchange for US institutional clients.
  • 2CFTC approved perpetual futures contracts tied to Bitcoin spot price on Friday; Coinbase and KalshiEX quickly offered access to institutional traders.
  • 3CFTC chair Michael Selig stated crypto perp contracts will now exist under American oversight, standards, and rule of law rather than offshore.

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Why it matters

Regulatory approval of perpetual futures contracts brings billions in crypto derivatives trading onshore from unregulated offshore exchanges, establishing clearer compliance frameworks for Indian investors accessing regulated US-based platforms and signaling mainstream institutional adoption in crypto markets.

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