Kraken Strengthens European Crypto Market Presence with Regulated Derivatives Launch

Kraken has expanded its regulated cryptocurrency derivatives offerings across Europe, marking a significant step in its growth strategy. Leveraging its MiFID II license obtained via a Cypriot investment firm acquisition, the exchange now provides perpetual and fixed maturity futures contracts to both retail and institutional clients in the European Economic Area. With daily trading volumes reaching up to $1 billion, this move underscores Kraken’s commitment to compliant and innovative crypto financial products.

Kraken Expands Regulated Crypto Derivatives Across Europe

Kraken has significantly bolstered its presence in the European crypto market by launching regulated derivatives trading services. The exchange now offers perpetual and fixed maturity futures contracts to retail and institutional clients across the European Economic Area, leveraging its MiFID II license obtained through the acquisition of a Cypriot investment firm.

Daily trading volumes for these products range between $1 billion and $2 billion, reflecting strong market demand. This strategic expansion positions Kraken as a key player in Europe’s growing cryptocurrency derivatives landscape, where regulatory clarity continues to attract institutional participation.

Ethereum Co-Founder Jeffrey Wilcke Moves $262M in ETH to Kraken, Sparks Market Speculation

Ethereum co-founder Jeffrey Wilcke has transferred 105,736 ETH (approximately $262 million) to a Kraken deposit address, nearly emptying his wallet. The May 20 transaction marks his largest movement since a $147 million transfer last year.

Within minutes of the deposit, eight distinct addresses withdrew equivalent amounts from Kraken, suggesting a strategic redistribution. Despite the sizable movement, Ethereum’s price remained stable, demonstrating market resilience to whale activity.