Kraken Enables Crypto Collateral Use for Derivatives in EU
Kraken’s regulated EU derivatives platform now supports Bitcoin, Ethereum, and select stablecoins as collateral, broadening trading options for institutional and professional clients under MiFID compliance.
BTC
ETH
Summary
Kraken has expanded its European derivatives offering by allowing Bitcoin, Ethereum, and select stablecoins as collateral for perpetual futures trading on its MiFID-regulated platform. This update builds on its EU-wide launch in May 2024 and aims to increase trading flexibility, capital efficiency, and appeal among institutional and professional traders. The platform remains fully compliant with EU regulations while striving to become Europe’s largest perpetuals exchange.
Terms & Concepts
- Crypto Collateral: Using cryptocurrency holdings as pledged assets to secure trading positions or loans.
- Perpetual Futures: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely.
- MiFID: The Markets in Financial Instruments Directive, an EU regulation governing investment services and trading venues.