Kraken has launched regulated cryptocurrency derivatives in Europe, offering new products such as perpetual and fixed maturity futures across the European Economic Area.
This launch positions Kraken to meet growing demand for regulated trading in one of the fastest-growing crypto markets, aiming to capture a significant market share.
MiFID II Paves Way for Kraken’s European Expansion
Kraken’s launch of crypto derivatives in Europe comes under the MiFID II regulatory framework, offering perpetual and fixed maturity futures. It follows strategic acquisitions of relevant licenses, underpinning its ambition to be a leading player in digital asset trading.
Shannon Kurtas, Head of Exchange at Kraken, stated: “Europe is one of the fastest-growing regions for digital asset trading and investment. The launch of regulated derivatives in Europe is well-timed to meet this growing demand.” source
Kraken Targets $1–2 Billion Daily Derivatives Volume
Kraken’s move could dramatically alter the regulated derivatives landscape in Europe, with expected daily trading volumes reaching $1–2 billion. Analysts foresee substantial technological advancements, potentially increasing institutional participation. The platform prioritizes security and liquidity, boosting investor confidence.
Financial analysts expect the introduction of these products to solidify Kraken’s market position significantly. They predict increased trading activity due to seamless integration, highlighting Kraken’s regulatory compliance as crucial in driving investor engagement and institutional opportunities.
Historical Acquisitions Set Foundation for Growth
Kraken’s expansion mirrors its 2019 acquisition of Crypto Facilities, marking its inaugural entry into regulated derivatives. Similar market moves include Coinbase’s acquisition of Deribit, showcasing the sector’s potential for exponential growth.
Experts from Kanalcoin suggest the initiative’s broad regulatory framework could set precedence. The integration of MiFID II compliance emphasizes reliable transaction environments, expected to encourage further institutional investments, while setting new standards for digital finance.
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