Kraken launched CFTC-regulated crypto perpetual futures through Bitnomial while Coinbase activated four equity-index perpetual futures, both on June 15 in the broadest single-day expansion of US-regulated derivatives.

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.