Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors
Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post Friday.
The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro, with more to follow.
Unlike standard forex products, FX perps have no expiry and operate 24/7, mirroring crypto futures.
With FX perps, Kraken is doubling down on serving institutional and professional traders looking for deeper exposure to fiat markets through a crypto-native platform, the company said.
Crypto and traditional financial markets are increasingly converging.
Kraken recently launched commission-free trading for U.S.-listed stocks and exchange-traded funds (ETFs),…
