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⛓️ Crypto🟢 BullishImportance 6/10

Kraken Exchange Launches 24/7 Perpetuals for U.S. Stocks

Bankless| Jack Inabinet ||5 views
🤖AI Summary

Kraken Exchange has launched 24/7 perpetual trading for U.S. stocks, creating direct competition with decentralized onchain leverage platforms like Hyperliquid. This move positions Kraken to capture market share in the equity derivatives trading space among retail traders seeking leveraged stock exposure.

Key Takeaways
  • Kraken launches 24/7 perpetual contracts for U.S. equity trading
  • The service directly competes with onchain leverage venues like Hyperliquid
  • Move targets equity traders seeking round-the-clock leveraged exposure
  • Represents Kraken's expansion beyond traditional cryptocurrency offerings
  • Could attract users from decentralized trading platforms to centralized exchange
Read Original →via Bankless
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