Cryptocurrency exchange Kraken has introduced forex perpetual futures (FX perps) on its platform, offering leverage up to 20x and no expiry dates.
The first two forex perpetual futures contracts launched are EUR/USD and GBP/USD pairs, with real-time price updates based on DxFeed's Composite Forex Index.
Kraken's strategic push expands its product offerings to bridge the gap between cryptocurrency and traditional financial markets.
The exchange plans to enhance its FX perpetual contracts, expand geographically, and explore opportunities to become a publicly traded entity through an IPO in 2026.