U.S.-based crypto exchange Kraken has launched a suite of crypto derivatives products for Australian wholesale clients. The move is aimed at meeting regulatory standards following a recent legal challenge faced by its domestic operator, Bit Trade Pty Ltd. The new service will allow institutional clients to gain exposure to crypto price movements through derivatives without directly holding the underlying assets. It includes multi-collateral support and is available for over 200 tradable assets. Kraken remains committed to the Australian market and its launch is a response to increasing demand from institutional clients for compliant and high-security trading options.
- Content Editor ( decrypt.co )
- 2024-11-04
Kraken Launches Derivatives for Australian Wholesale Clients After Regulatory Setback