Kraken plans to launch CFTC-regulated perpetual futures in the United States within 30 days

Kraken announced plans to launch its first CFTC-regulated perpetual futures product for the U.S. market within the next 30 days. Eligible U.S. customers will be able to trade perpetual futures on digital assets such as BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX through Kraken Pro.

Kraken stated that it will gradually expand the types of contracts and product features in the future, as well as provide more collateral options. It is reported that the perpetual futures on Kraken Pro are provided by NinjaTrader Clearing, LLC (operating under the name Kraken Derivatives US), which is a CFTC-registered futures commission merchant. The related spot margin and perpetual futures products will be offered on Bitnomial Exchange, which is a CFTC-regulated exchange recently acquired by Kraken's parent company, Payward.