Kraken leverages Bitnomial deal to open CFTC-regulated cryptocurrency futures in the US


Kraken has launched CFTC-regulated perpetual futures contracts in the US, expanding its local derivatives offering and giving eligible clients access to one of the most widely traded cryptocurrency products through a regulated venue.

In April this year, parent company Kraken Payward has agreed to acquire US cryptocurrency derivatives company Bitnomialwhich holds all three CFTC licenses required for a vertically integrated derivatives business. The deal is valued at up to $550 million, with its regulatory footprint a key strategic factor.

Perpetual cryptocurrencies in the US are hitting the ground running

Eligible US customers can now trade perpetual futures on Kraken Pro, where contracts exist alongside spot, margined and CME-listed cryptocurrency futures in one interface, the exchange said.

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

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

Kraken expands US derivatives platform

At launch, the contracts cover key disciplines Cryptocurrencies Including Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, Dogecoin, Litecoin, and Avalanche. The company said it plans to expand the scope of contracts and warranty options over time.

Darius Tabatabai, president of Kraken Pro, said U.S. traders had been waiting for a “regulated, domestic way” to access perpetual cryptocurrency futures, which now sit alongside spot and futures contracts on Kraken Pro. He added that Bitnomial’s “regulated infrastructure” enabled the launch and access to US markets.

The rollout follows Kraken’s previous release US expansion of futures contracts listed on the Chicago Mercantile Exchange in July 2025 and margin trading earlier this month. Products are offered by NinjaTrader Clearing, LLC, a CFTC-registered Futures Commission dealer.

This article was written by Tariq Sikdar at www.financemagnates.com.



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