Kraken Expands UK Market with Exclusive Derivatives for Professional Investors

Kraken, a leading cryptocurrency exchange, has introduced derivative trading services exclusively for professional investors in the UK. This move targets individuals classified as "Professional Clients" by the Financial Conduct Authority (FCA), highlighting Kraken’s strategic focus on the UK, its second-largest market. Derivatives, which account for 70-75% of global crypto trading volume, represent a significant opportunity for Kraken to deepen its market penetration while maintaining a balanced approach to risk and innovation. The launch underscores Kraken’s commitment to regulatory compliance and tailored services for high-net-worth and institutional investors in the crypto space.

Kraken Launches Derivatives Exclusively for UK Professionals

Kraken, a leading cryptocurrency exchange, has rolled out derivative trading services tailored exclusively for professional investors in the UK. The offering targets individuals classified as "Professional Clients" by the Financial Conduct Authority (FCA), reinforcing Kraken’s commitment to its second-largest market.

Derivatives account for 70-75% of crypto trading volume globally, yet Kraken maintains a balanced approach between spot and derivative markets. Alexia Theodorou, head of derivatives at Kraken, confirmed the launch follows a successful trial phase with select clients.

Kraken Reports $471M Q1 Revenue Amid Market Softness, Completes NinjaTrader Acquisition

Kraken demonstrated resilience in Q1 2025 with $471.7 million in revenue, marking a 10% year-over-year increase despite broader crypto market headwinds. The exchange’s adjusted EBITDA rose 1% sequentially to $187.4 million, reflecting operational efficiency during the period.

Trading volume surged 29% annually to $208.7 billion, though dipped slightly from Q4 2024’s peak levels. The quarter also saw Kraken finalize its NinjaTrader acquisition, signaling strategic expansion beyond spot crypto markets.