🚀 Kraken dives into the Aussie market with a new licensed brokerage service, targeting wholesale clients. This move lets institutional investors trade crypto-based derivatives without owning the assets. Available since Nov. 3, the service offers multi-collateral support, risk management tools, and more. But beware, Kraken warns that losses can exceed initial investments. 🧐
Kraken's expansion aligns with local regulations, as Australia remains a key player in their global operations. Meanwhile, Kraken plans to launch its own blockchain, "Ink," in 2025, aiming to simplify DeFi.