Kraken Launches Europe’s Largest Crypto Derivatives Offering – What Does That Mean?

Kraken Launches Europe’s Largest Crypto Derivatives Offering – What Does That Mean?

Kraken today launched the largest regulated crypto derivatives offering in Europe, enabling customers in the European Economic Area (EEA) to trade a full range of crypto derivatives. The offer includes both permanent contracts and those with a fixed term. This new offering will be conducted through a Cyprus regulated investment firm approved by the Cyprus Securities and Exchange Commission (CySEC). With this initiative, Kraken responds to the growing demand for safe and regulated crypto derivatives in the EU. Loud BTC ECHO Kraken received a MiFID license in early February 2025, which enables the platform to offer these market-driven products.

Shannon Kurtas, Head of Exchange at Kraken, highlights that the European digital asset market is growing significantly. To meet this demand, the company plans to work in the coming months on the conditions necessary to launch the new products in various EU markets. Kurtas, who also serves as co-GM of Kraken Pro, describes Europe as one of the most active crypto derivatives markets and a key growth market for Kraken. The company previously acquired Crypto Facilities, an FCA-regulated crypto futures platform in the UK, in 2019 to further consolidate its market position.

Regulatory framework conditions

The MiFID license that Kraken has obtained is different from the MiCA license, which the company does not hold. The MiFID license allows Kraken to offer regulated derivatives for advanced crypto traders in select EU markets. Kraken is committed to setting high standards for security, innovation and compliance in this area. It is important to emphasize that some crypto products and markets are regulated while others are not. Therefore, registration and authorization may vary.

The platform also warns about the risks in the crypto markets, including financial losses. Customers should be aware that tax obligations may arise on income or appreciation in the value of crypto assets. Kraken has also made it clear that the company will not actively seek to influence the price of crypto assets. These steps are part of Kraken's commitment to promote responsible trading practices within the industry and meet evolving regulatory requirements.

Overall, Kraken's entry into the European market with this comprehensive derivatives offering shows how the crypto-based financial sector is responding and adapting to the needs and expectations of traders in the digital asset space.

For more information, you can read the full article on the website Kraken see.