Kraken Launches Perpetual Futures in Specific Jurisdiction

BlockBeats News, September 11th, the cryptocurrency exchange Kraken has launched a new perpetual contract product for eligible customers in a specific jurisdiction. Kraken noted that its product features some "built-in protections," including a stop-loss function to limit potential downside losses when "the market moves against your prediction."

At launch, traders will be able to use their Kraken USD balance as collateral, which can then be supplemented with other assets. Kraken is preparing for an initial public offering as early as the first quarter of 2026.