Kraken, a U.S.-based crypto exchange, has introduced a range of crypto derivatives products for Australian wholesale clients. This move comes after facing regulatory challenges in the country. The new suite of products is designed to comply with regulatory standards and allows institutional clients to participate in crypto price movements through derivatives without owning the actual assets. Kraken's licensed broker service offers support for multiple collateral types, including fiat, stablecoins, and crypto, held in a secure custodial solution for over 200 tradable assets. Despite a recent legal setback involving its domestic operator, Kraken remains committed to the Australian market and meeting institutional demand amidst evolving regulations. The launch aims to cater to the increasing demand from institutional clients for compliant and secure trading options, with eligibility criteria based on net assets and annual income. Interested wholesale clients can access the new offering through Kraken's support page or the Kraken Pro app. Read more AI-generated news on: https://app.chaingpt.org/news