Kraken has launched CFTC-regulated perpetual futures in the United States, expanding its domestic derivatives offering and giving eligible clients access to one of the most widely traded crypto products through a regulated venue.

In April this year, Kraken’s parent company Payward agreed to acquire US crypto derivatives firm Bitnomial, which holds all three required CFTC licences for a vertically integrated derivatives business. The deal is valued at up to $550 million, with its regulatory footprint seen as a key strategic factor.

US Crypto Perpetuals Go Onshore

Darius Tabatabai, Head of Kraken Pro, Source: LinkedIn

The exchange said eligible US clients can now trade perpetual futures on Kraken Pro, where the contracts sit alongside spot,…