Kraken Makes Major Push into US Derivatives with NinjaTrader-Backed Platform

Kraken is doubling down on crypto derivatives with the launch of its CFTC-regulated US futures platform, marking a pivotal shift post its $1.5 billion NinjaTrader deal.

Kraken Derivatives US debuts in five states and D.C., offering CME-listed Bitcoin and Ether futures—a strategic expansion beyond spot trading. The exchange also plans to introduce traditional assets like stocks and options, blurring the lines between crypto and legacy markets.

With $1.7 billion in daily spot volume, Kraken remains a dominant force, now leveraging NinjaTrader’s retail brokerage expertise to capture the growing demand for regulated crypto derivatives.