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Kraken is expanding beyond crypto, adding access to CME contracts for energy, metals, FX, and commodities.
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The new offering builds on its earlier launch of CME-listed crypto futures.
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The move supports Kraken’s plan to become an all-in-one trading platform ahead of a possible IPO.
Merging Crypto and Traditional Markets
Kraken announced that its derivatives platform will now connect users directly to traditional CME futures markets, including contracts tied to energy, metals, and foreign exchange. The expansion follows the exchange’s acquisition of U.S. retail futures platform NinjaTrader earlier this year for $1.5 billion.
The new product suite will include contracts tied to indices like the S&P 500, commodities such as gold and oil, and major FX pairs. Kraken says the integration aims to give both retail and professional traders a single platform for all asset types.
Positioning for a Broader Market
The exchange, reportedly valued near $20 billion ahead of a potential public listing, said it wants to compete directly with platforms like Robinhood that already blend crypto and traditional markets. Kraken’s move into CME contracts reflects a larger industry trend where exchanges seek to offer 24/7 trading access across all asset classes.
