INSUBCONTINENT EXCLUSIVE:
Crypto exchange Kraken has launched a derivatives platform for US traders, offering access to CME-listed cryptocurrency futures and
expanding the availability of institutional-grade trading tools.On Tuesday, the exchange announced the launch of Kraken Derivatives US,
providing access to futures contracts via the Kraken Pro platform
access to Kraken Derivatives US has been rolled out initially in Vermont, West Virginia, North Dakota, Mississippi and Washington,
reputation as a retail futures brokerage, specializing in equity derivatives and offering access to commodity markets.When the deal closed
in May, Kraken said it planned to expand its offerings across both the Kraken and NinjaTrader platforms to include stocks, options and
Tuesday, according to CoinMarketCap.Related: Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%Crypto derivatives market sees
significant expansion as DEX volume growsThe crypto derivatives market has grown substantially since CME Group and CBOE launched Bitcoin
(BTC) futures contracts in late 2017.By 2025, total crypto derivatives volume is expected to surpass $23 trillion, according to data from
have experienced faster growth than futures, according to CoinMarketCap data
Volumes on perpetuals, which are contracts with no expiration date, have grown by 150% over the past year.Futures vs
Perpetuals volume growth over the past year
Source: CoinMarketCapCrypto derivatives volumes are also growing on decentralized exchanges, also known as DEXs
trillion recorded last year.Decentralized exchanges are playing a bigger role in crypto futures markets
Source: dYdXRelated: Standard Chartered launches Bitcoin and Ether trading for institutions
