Key Takeaways:
- Kraken launched Kraken Derivatives US, a new platform for futures trading in the US, following its acquisition of NinjaTrader.
- The platform is regulated by the CFTC and is initially available in a few US states, with broader expansion planned.
- The launch contributes to the significant growth seen in the overall crypto derivatives market, including a rise in perpetual contracts and decentralized exchange volumes.
Kraken has launched Kraken Derivatives US, a new platform for American traders to access cryptocurrency futures.
This move follows Kraken’s strategic acquisition of NinjaTrader earlier this year, significantly enhancing its range of institutional-grade trading tools.
Kraken Derivatives US is now live in Vermont, West Virginia, North Dakota, Mississippi and District of Columbia.
— Kraken Pro (@krakenpro) July 15, 2025
Coverage is expanding fast!
Full access is coming. Explore futures 👉 https://t.co/SJxMiEGsqN pic.twitter.com/UqXJJovZYz
Initially available in select states like Vermont and Mississippi, the platform is regulated by the CFTC, highlighting Kraken’s commitment to compliant expansion.
The launch integrates futures trading alongside Kraken’s existing spot market offerings, with plans to further broaden its services to include stocks, options, and prediction markets.
This development comes as the overall crypto derivatives market experiences substantial growth, with total volume projected to exceed $23 trillion by 2025.
While Bitcoin derivatives lead this surge, perpetual contracts are also seeing rapid adoption.
Decentralized exchanges are increasingly contributing to this expansion, with their derivatives volumes anticipated to more than double by 2025.