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Kraken Launches Perpetual Futures for US Traders via CFTC Venue

Kraken is now offering perpetual futures to US traders through a CFTC-regulated venue, following its acquisition of Bitnomial.

Kraken just handed US crypto traders something they've been waiting for: perpetual futures, legally, onshore. The exchange is rolling out the product through a CFTC-regulated venue, making it one of the few major platforms to offer perps to American retail traders without forcing them offshore or into gray-area workarounds.

The move follows Kraken's acquisition of Bitnomial, a CFTC-registered derivatives exchange. That deal wasn't just a headline grab — it was Kraken buying the regulatory infrastructure it needed to actually launch this product legally in the US. You don't get perps in front of American traders without that kind of licensing backbone.

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This matters beyond just Kraken. The broader industry has been pushing hard to bring crypto derivatives trading back onshore, away from the offshore venues that have dominated volume for years. With a friendlier regulatory climate taking shape in Washington, exchanges are racing to plant their flags in the US derivatives market before competitors lock in market share.

For traders, the practical upshot is real: access to perpetual futures — the most liquid and actively traded crypto instrument globally — without routing orders through Binance, Bybit, or other non-US platforms. That's a meaningful shift in how American retail traders can express directional views or hedge spot positions.

Kraken is betting that regulated access beats offshore convenience. If volume follows, this could accelerate the entire industry's pivot toward compliant US derivatives infrastructure. Continue reading at Cointelegraph.

Continue reading at Cointelegraph →

Frequently Asked Questions

Q.How is Kraken able to offer perpetual futures to US traders?

Kraken is offering perpetual futures through a CFTC-regulated venue, made possible by its acquisition of Bitnomial, a registered derivatives exchange.

Q.What is Bitnomial and why did Kraken acquire it?

Bitnomial is a CFTC-registered derivatives exchange. Kraken acquired it to gain the regulatory infrastructure needed to legally offer crypto derivatives products to US traders.

Q.Why are crypto exchanges pushing to bring derivatives trading onshore in the US?

There is a broader industry push to bring crypto derivatives onshore amid an evolving regulatory environment, aiming to give US traders legal access to products previously only available on offshore platforms.

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