Kraken launches regulated crypto spot margin trading in US on heels of Bitnomial deal

Kraken has launched CFTC-regulated crypto spot margin trading for its U.S. retail users, a service that has largely been unavailable domestically, pushing traders to offshore platforms. This move follows the recent acquisition of Bitnomial, a crypto derivatives exchange with CFTC licenses, by Kraken's parent company, Payward. The acquisition is expected to enable Kraken to offer regulated spot margin, perpetual futures, and options to U.S. customers. This expansion into regulated derivatives infrastructure aligns with Kraken's preparations for a potential public listing and its broader strategy to grow its institutional and derivatives presence globally, building on previous acquisitions like NinjaTrader.

(Source：The Block)