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Kraken has introduced an exclusive VIP program for ultra high net worth individuals, requiring a $10 million balance or $80 million in annual trading volume. Members receive personalized support, access to Kraken’s full product range, and unique experiences like Formula 1 events. The initiative aims to cater to the growing demand for high-touch services among wealthy clients in the crypto space.
Kraken has introduced perpetual futures trading for eligible retail clients in select jurisdictions, aiming to expand its offerings as it prepares for a public listing in 2026. These perpetual contracts allow traders to speculate on price movements without owning the underlying asset, featuring built-in protections like stop-loss functions for risk management.
Kraken is enhancing its trading platform by providing access to a wider range of CME Group’s derivatives contracts, including oil, gold, and equity indices. This initiative aligns with the exchange's strategy to create an all-in-one trading experience as it prepares for a potential public listing.