Kraken
October 3, 2024
Kraken Unicorn News - October 03, 2024
Kraken has launched a new global derivatives trading venue in Bermuda, licensed by the Bermuda Monetary Authority. This platform allows clients to trade over 200 different contracts for crypto derivatives in a regulated environment.
() Introduction
() Kraken Launches Regulated Derivatives Venue in Bermuda
Kraken, a leading cryptocurrency exchange, has launched a new global derivatives trading venue in Bermuda, which is officially licensed by the Bermuda Monetary Authority. This new platform, which commenced operations on October 3, 2024, provides a regulated environment for trading over 200 different crypto derivative contracts. The venue is designed to support a variety of trading strategies, including hedging, cross-margined exposure, and arbitrage, offering traders the ability to engage in continuous trading. Initially, the platform will feature perpetual and fixed maturity futures, with a wide array of collateral options available, including fiat currencies and more than thirty different cryptocurrencies. This initiative represents a significant expansion for Kraken, enhancing its capabilities in the global cryptocurrency market by offering a comprehensive and regulated platform for derivatives trading.
Sources
1 https://en.antaranews.com/news/328311/kraken-launches-regulated-derivatives-venue-in-bermuda
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