Kraken expands derivatives trading to EU with Cypriot license acquisition
Powered by @unfolded- Kraken is expanding its derivatives trading in the EU by acquiring a regulated entity in Cyprus, following its recent launch in the UK.
- The acquisition of a Markets in Financial Instruments Directive (MiFID) license allows Kraken to offer derivatives products across the entire EU trading bloc.
- Derivatives trading constitutes about half of Kraken's overall trading volume, reflecting the growing demand for such products in the crypto market.
- The launch of Kraken's regulated derivatives is aimed at meeting the needs of sophisticated clients in one of the fastest-growing regions for digital asset trading.