Kraken is set to launch Kraken Perps, a new feature that allows retail investors to engage in perpetual contracts, further expanding its range of advanced trading tools.
This move follows the recent expansion of Kraken’s tokenized equities product, xStocks, demonstrating its commitment to bridging the gap between traditional finance and blockchain technology.
Empowering Everyday Investors
With the introduction of Kraken Perps, eligible clients in specific regions can now speculate on cryptocurrency price movements without actually owning the underlying asset.
Unlike traditional futures contracts, perpetual contracts do not have an expiration date, allowing traders to hold their positions for as long as they choose, adjusting their exposure based on market conditions.
This new feature is integrated into Kraken’s main app, separate from its Pro platform, and comes with USD collateral support and customizable stop-loss orders for added security.
Kraken aims to make derivative trading more user-friendly and accessible, although it stresses the high-risk nature of these instruments, cautioning that they may not be suitable for all investors.
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Expanding Tokenized Equities
Aside from derivatives, Kraken has been expanding its tokenized stocks offering through xStocks, a collaboration with Swiss partner Backed.
The platform now provides eligible clients in the EU access to over 60 tokenized U.S. equities and ETFs, including popular stocks like Tesla, Amazon, and Nvidia.
Since its global launch earlier this year, xStocks has facilitated trading volume exceeding $3.5 billion across centralized and decentralized platforms.
Key benefits of the program include extended trading hours, blockchain settlement, and the option to self-custody tokenized shares. Originally developed on Solana, xStocks has expanded to other blockchains like BNB and TRON, with plans for Ethereum integration in progress.
