Kraken launches perpetual futures trading service in US with CFTC approval

U.S. exchange Kraken has launched a perpetual futures trading service in the United States after receiving regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC), The Block reported. The service will be operated on the Bitnomial exchange platform, which was acquired by Kraken's parent company, Payward. Payward announced its acquisition of Bitnomial in April for up to $550 million.