Kraken Doubles Down: Crypto-as-a-Service Debuts Alongside Forex Perps—Because Traders Just Can’t Get Enough Leverage
Kraken slams into institutional crypto with a one-two punch: a white-label ’Crypto-as-a-Service’ platform and 24/7 forex perpetual futures. Because why settle for regular market hours when you can lose money while you sleep?
The move targets hedge funds and fintechs craving turnkey crypto exposure—no messy blockchain PhD required. Meanwhile, the forex perps offer 50x leverage on major pairs, proving Wall Street’s appetite for risk didn’t die with the 2022 crash.
Cynics note the timing: just as regulators circle like vultures over crypto’s ’wild west’ phase. Kraken’s response? A shrug and higher trading volumes.