Crypto Platforms Target Traditional Trades

The line between traditional and decentralised finance has been blurring for some time. Recent developments are set to make it even harder to see, as three of the major crypto trading platforms offer products that were once the preserve of conventional brokerage firms.

Kraken’s announcement of a move into perpetual futures for tokenised stocks for non-US clients in late February enables 24/7 trading of equity price exposure with up to 20 times leverage, allowing for long and short positions and capital efficiency.

The initial listings include perpetual futures tracking tokenised versions of some of the world’s most widely followed equity indices, commodities, and publicly traded companies.