Kraken, a cryptocurrency trading platform, has launched a new offering in Australia. This new service will allow eligible Australian wholesale clients to access a wide range of crypto-based derivatives products. The move is aimed at providing these clients with the ability to execute advanced trading strategies using a licensed broker, while also benefiting from Kraken’s high security standards.
With over 200 tradable assets, the new offering includes multi-collateral support (fiat, stablecoin, and crypto) and 24/7/365 client support services. This new offering is a testament to Kraken’s commitment to regulatory compliance and unlocking institutional demand for cryptoassets in Australia. The announcement comes on the heels of Kraken’s recent expansion of its Kraken Custody services to Australian institutional clients.
