Kraken Expands U.S. Presence with Launch of Regulated Crypto Futures Platform

Kraken has officially entered the U.S. regulated derivatives market with the launch of Kraken Derivatives US, a platform offering CME-listed Bitcoin and Ether futures. This move follows Kraken's $1.5 billion acquisition of NinjaTrader and signifies a major step in the exchange's compliance-focused expansion. The service is now available in five jurisdictions, including Vermont and Washington D.C., and integrates seamlessly with Kraken Pro for enhanced trading capabilities.

Kraken Launches U.S. Crypto Futures Platform Under CFTC Regulation

Kraken has expanded its U.S. footprint with the launch of Kraken Derivatives US, a regulated platform offering access to CME-listed bitcoin and Ether futures. The service, now live in five jurisdictions including Vermont and Washington D.C., marks Kraken's formal entry into compliant derivatives trading following its $1.5 billion acquisition of NinjaTrader.

The platform integrates with Kraken Pro, allowing traders to manage spot and futures positions through a unified interface. CFTC-regulated contracts feature instant funding capabilities, with Kraken positioning the offering as institutional-grade infrastructure for coordinated trading strategies.

This strategic MOVE accelerates Kraken's ambition to consolidate crypto, equities and derivatives trading under one roof. The exchange plans rapid geographic expansion of the futures product, leveraging NinjaTrader's existing clearing infrastructure to streamline compliance.

BitMine's Ethereum Holdings Surpass $1B Valuation Amid Price Rally

BitMine Immersion Technologies revealed its ethereum holdings have crossed the $1 billion mark as ETH's price surged above $3,400. The company holds 300,657 ETH, valued at $1.026 billion at current prices.

The milestone follows a $250 million private placement led by MOZAYYX, with participation from FalconX, Pantera, Kraken, and Founders Fund. BitMine allocated the proceeds to acquire additional Ethereum, bolstering its position as a major institutional holder.

Executive Chairman Thomas Lee outlined ambitions to stake 5% of Ethereum's total supply, signaling aggressive accumulation plans. The move comes amid growing institutional interest in ETH as a core crypto asset.