Kraken Rolls Out Regulated Derivatives Venue in Bermuda
Kraken has announced the launch of its new global derivatives platform in Bermuda. This addition gives clients access to a licensed and respected jurisdiction in which to trade in the rapidly expanding crypto market.
To meet the continuous demand for crypto trading, Kraken has established a regulatory framework that operates 24/7, allowing clients to trade derivatives round-the-clock.
Kraken has obtained a license from the Bermuda Monetary Authority, a renowned leader in cryptocurrency regulation, to provide cryptocurrency derivatives trading from their territory.
This development is a significant achievement for Kraken as they strive to become the leading platform for crypto trading and investing.
With over 200 different contracts available, the new global derivatives platform is a timely addition for clients seeking to tailor their digital asset exposure through derivatives.