The crypto exchange now routes altcoin-to-altcoin and cross-asset trades through two liquid markets, executing as a single transaction with one consolidated taker fee.
Kraken
The crypto exchange’s latest transparency report shows requests from 74 countries, with over 13,000 accounts affected and the FBI again the most active individual agency.
The crypto exchange’s tokenized stock platform has grown from 60 assets at launch to 100, surpassing $25 billion in transaction volume. Kraken now plans to more than quintuple the catalog by the end of 2026.
The exchange boosted 17 stablecoin pairs to 10x leverage and lifted BTC, ETH, gold token, and DeFi pairs to 5x in what it calls its largest single leverage expansion.
The crypto exchange’s European derivatives arm now offers equity index, commodity and FX futures alongside 290+ crypto perpetuals through a single interface, regulated under CySEC.
The deal, Kraken’s sixth acquisition in a year, brings vesting, airdrop, and governance tooling in-house as the exchange prepares for a planned IPO.
The crypto exchange has launched leveraged derivatives for European customers, offering up to 10x leverage on more than 150 markets through its Cyprus-regulated entity.
Bybit already works with several prop firms. So will it go further and launch prop trading or stick to being a third-party provider?
Kraken said it will give its users access to Eurex-listed derivatives, assuming regulatory approvals go through.
Kraken has fully integrated a prop trading function, following its purchase of Breakout in September.
Talks on the merger purportedly fell apart after IG and Kraken could not come to an agreement on what to do with tastytrade.
Kraken paid $100m to buy Small Exchange from IG Group. It is hard to see them using it for anything but perpetual futures and – potentially – event contracts.
Kraken is the first big, legitimate player to enter the prop space. They could end up becoming one of the biggest players in the space.
The deal will see Capitalise.ai’s founders and dev team move to Kraken, where they’ll operate in the crypto firm’s Pro team.
Dance is the latest in a series of senior executives to move from the retail broker sector to the cryptocurrency trading industry.
It is very hard to see how Kraken could buy NinjaTrader in cash. This deal is about equity issuance and a potential IPO.
Kraken will be able to offer futures and get a license in the US, while NinjaTrader can now offer its products in the UK, EU, and Australia.