Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors

April 21, 2025

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Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post Friday.The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro, with more to follow.Unlike standard forex products, FX perps have no expiry and operate 24/7, mirroring crypto futures. With FX perps, Kraken is doubling down on serving institutional and professional traders looking for deeper exposure to fiat markets through a crypto-native platform, the company said.Crypto and traditional financial markets are increasingly converging. Kraken recently launched commission-free trading for U.S.-listed stocks and exchange-traded funds (ETFs), opening access to traditional financial markets from within the same platform it uses for cryptocurrencies and positioning itself to compete more directly with trading platforms like Robinhood (HOOD).”Investors increasingly expect a unified trading experience that spans crypto, FX, and equities.

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Source: www.coindesk.com
Published: April 18, 2025

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