We are delighted to announce our launch of regulated cryptographic derivatives in Europe, offering our customers and partners access to a full range of liquid – all in a recognized regulatory framework.
Eligible customers and partners of the European Economic Area (EEE) can now exchange a wide range of cryptographic derivatives, including perpetual and fixed maturity contracts. These instruments comply with the market directive in financial instruments (MIFID II), and we offer them through an investment company regulated by MIFID that we acquired earlier this year.
One of the most liquid regulated brokers and exchanges on the land against cryptographic derivatives in Europe, Kraken Derivatives offers institutional quality infrastructure, solid support from local Fiat and flexible guarantee options. This allows traders to optimize capital allowance and manage risks more effectively. The launch of term contracts regulated by MIFID is a key step to strengthen our position on the market by offering these advantages under a regulatory regulatory regime.
“Europe is one of the fastest growth regions for trading and investment of digital assets, with some of the most sophisticated and most demanding customers and institutions,” said Shannon Kurtas, head of Kraken. “The launch of regulated derivatives in Europe is well informed to respond to this growing demand and underlines our commitment to provide reliable access and in accordance with the best markets and negotiation opportunities.”
Since the acquisition of the first place of crypto derivatives regulated in 2019, we have built one of the deepest global liquidity pools for Crypto derivatives trade. The deployment of derivatives regulated by MIFID marks another important step – strengthening our leadership as a complete platform and in accordance with cryptography trade in Europe.
Kurtas added: “Customers and partners are increasingly looking for complete offers in a regulated framework. With this launch, they can negotiate in a transparent manner in the long term as part of a complete suite of products from one of the most well -established platforms in Europe – improving the effectiveness of capital, access to liquidity, reliability and allowing sophisticated strategies and position management. “
Our new derivative offer will be available via Payward Europe Digital Solutions (CY), an entity based in Cyprus regulated by Mifid II.