Kraken Launches CFTC-Regulated US Crypto Derivatives

Kraken has launched Kraken Derivatives US, a CFTC-regulated crypto derivatives platform, following its $1.5 billion acquisition of futures broker NinjaTrader. Initially available to accredited investors in select US jurisdictions — Florida, Montana, New Hampshire, New Mexico, North Dakota, Vermont, West Virginia, Mississippi and Washington, D.C. — the service offers perpetual futures contracts with up to 50× leverage and access to CME-listed Bitcoin and Ether futures via the Kraken Pro interface. By integrating crypto derivatives into its existing spot markets, Kraken broadens its institutional-grade product suite and positions itself to compete directly with established platforms like CME and Deribit. With overall crypto derivatives volume projected to top $23 trillion by 2025 and growing demand for perpetual and DEX futures, Kraken aims to boost trading volume and diversify its risk-management and speculative tools for US crypto traders.