Kraken launched perpetual futures for eligible US traders through Bitnomial, joining a broader push by exchanges and regulators to bring crypto derivatives trading onshore.

John Palmer, head of derivatives at Kraken, said he expects sophisticated traders to lead adoption of newly approved U.S. perpetual futures, with broader institutional…

Kraken completed its acquisition of the fully CFTC-licensed exchange, clearinghouse, and brokerage Bitnomial in May.