Kraken is making a significant push into Europe with its new MiFID II-compliant crypto derivatives platform, positioning itself as a strong competitor to OKX as the latter eyes European expansion. With this move, the exchange offers retail and institutional customers in the European Economic Area access to perpetual and fixed maturity crypto futures contracts.
It’s noteworthy that the exchange’s European expansion is unfolding against a backdrop of speculation about a potential native token launch and IPO.
“We’re excited to announce our launch of regulated crypto derivatives in Europe, providing our clients and partners with access to a full suite of liquid futures instruments – all within a recognized regulatory framework,” the exchange said via an official blog post.
Kraken Launches Crypto Derivatives Platform in Europe
According to a May 20 announcement, Kraken has launched the largest regulated crypto derivatives trading platform in Europe. Compliant with the Markets in Financial Instruments Directive (MiFID II), the top crypto exchange offers a full suite of crypto derivatives to clients and partners in the European Economic Area (EEA).
Significantly, this move comes on the heels of the exchange’s acquisition of an MiFID-regulated investment firm, Cypriot Investment Firm, earlier this year. This move marks a significant step in realizing the exchange’s vision of global expansion and cementing its European presence. With the crypto derivatives platform, the crypto exchange has further solidified its position in the European market.
According to Shannon Kurtas, Head of Exchange at Kraken, this strategic development has addressed the growing demand for comprehensive and regulated crypto derivative offerings. He asserted that the derivatives boost capital efficiency, liquidity access, and reliability while enabling advanced trading strategies.
Why Kraken Chooses Europe?
Notably, the exchange’s confidence in Europe is driven by the region’s crypto-friendly atmosphere and growing demand for digital assets. Commenting on the matter, Kurtas stated,
Europe is one of the fastest-growing regions for digital asset trading and investment, with some of the most sophisticated and demanding clients and institutions. The launch of Kraken’s regulated derivatives in Europe, the largest offering of its kind, is well-timed to meet this growing demand and underscores our commitment to providing trusted, compliant access to the best markets and trading opportunities.
Recognizing Europe’s potential, top crypto exchanges like OKX are exploring opportunities in the region. In March 2025, OKX obtained an MiFID II license, which enables the platform to offer derivatives products.
What is KRAK— A Token Launch or IPO Ahead?
Interestingly, Kraken’s European expansion coincides with speculation about a potential native token launch and IPO. Recently, the crypto platform shared a video on X announcing its acquisition of NinjaTrader, a retail trading platform.
The firm’s use of the cryptic term ‘KRAK’ has sparked speculation about a possible token launch, IPO, or both, with no further information available. In addition, the exchange’s Q1 performance this year has further escalated talks about a possible IPO.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
