Ontario Securities Commission reports 54% of Canadians defined cryptocurrency in 2023.
Recently, the firm has introduced crypto-based derivatives for Australian wholesale clients.
Kraken’s Canadian operations have reported surpassing $2
billion CAD in client assets and cash under custody. According to the company,
it reflects growth in the platform’s local user base amid efforts to expand
knowledge of cryptocurrency in Canada.
Canadian Crypto Awareness Slowly Improves
“Reaching the $2 billion milestone is a testament to our
ongoing effort to provide Canadians with a superior crypto trading experience,”
said Alex Mehrdad, Kraken Canada General Manager.
Alex Mehrdad, Kraken Canada General Manager, Source: betakit
In 2024, Kraken focused on addressing a knowledge gap that
has slowed the adoption of digital assets in the region.
A report by the Ontario Securities Commission indicated that
only 54% of Canadians could define cryptocurrency in 2023. This marked a modest
increase from 51% in 2022. Kraken has stated its focus on furthering
educational efforts as it moves into 2025.
“As we’ve doubled in size within Canada, we’ve also steadily
invested in our product offering to ensure Canadians can explore the breadth of
the crypto ecosystem through our range of innovative products,” Mehrdad added.
Kraken Launches Crypto Derivatives in Australia
Jonathon Miller, Kraken’s GM for Australia and Rest of World; Photo: LinkedIn
Meanwhile, Kraken had previously violated Australian
financial market rules by offering fiat-based margin products. The
firm has updated its services in the country by providing crypto-based
derivatives products for local wholesale clients, as reported by Finance Magnates.
The American exchange stated that the new products are
available through its local entity, a broker licensed by the Australian
financial services regulator. These derivative products are accessible only to
eligible Australian wholesale clients.
Kraken added that qualified clients will have access to more
than 200 tradable assets. The derivatives platform will also support
multi-collateral options, including fiat, stablecoins, and cryptocurrencies.
“Australian wholesale clients are looking for the ability to
execute advanced trading strategies using a licensed broker backed by Kraken’s
high-security standards,” said Jonathon Miller, Kraken’s GM for Australia and
Rest of World.
Kraken’s Canadian operations have reported surpassing $2
billion CAD in client assets and cash under custody. According to the company,
it reflects growth in the platform’s local user base amid efforts to expand
knowledge of cryptocurrency in Canada.
Canadian Crypto Awareness Slowly Improves
“Reaching the $2 billion milestone is a testament to our
ongoing effort to provide Canadians with a superior crypto trading experience,”
said Alex Mehrdad, Kraken Canada General Manager.
Alex Mehrdad, Kraken Canada General Manager, Source: betakit
In 2024, Kraken focused on addressing a knowledge gap that
has slowed the adoption of digital assets in the region.
A report by the Ontario Securities Commission indicated that
only 54% of Canadians could define cryptocurrency in 2023. This marked a modest
increase from 51% in 2022. Kraken has stated its focus on furthering
educational efforts as it moves into 2025.
“As we’ve doubled in size within Canada, we’ve also steadily
invested in our product offering to ensure Canadians can explore the breadth of
the crypto ecosystem through our range of innovative products,” Mehrdad added.
Kraken Launches Crypto Derivatives in Australia
Jonathon Miller, Kraken’s GM for Australia and Rest of World; Photo: LinkedIn
Meanwhile, Kraken had previously violated Australian
financial market rules by offering fiat-based margin products. The
firm has updated its services in the country by providing crypto-based
derivatives products for local wholesale clients, as reported by Finance Magnates.
The American exchange stated that the new products are
available through its local entity, a broker licensed by the Australian
financial services regulator. These derivative products are accessible only to
eligible Australian wholesale clients.
Kraken added that qualified clients will have access to more
than 200 tradable assets. The derivatives platform will also support
multi-collateral options, including fiat, stablecoins, and cryptocurrencies.
“Australian wholesale clients are looking for the ability to
execute advanced trading strategies using a licensed broker backed by Kraken’s
high-security standards,” said Jonathon Miller, Kraken’s GM for Australia and
Rest of World.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
In this video, we review @deriv an online broker offering CFDs and options across a wide range of markets, including forex, stocks, indices, commodities, cryptocurrencies, and derived indices.
We cover the broker’s overall offering, including its multi-jurisdiction regulatory structure, platform ecosystem, and range of account types. We also explore key features such as product availability, funding options, and trading conditions.
Watch the full video to see if Deriv fits your trading needs.
#Deriv #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @deriv an online broker offering CFDs and options across a wide range of markets, including forex, stocks, indices, commodities, cryptocurrencies, and derived indices.
We cover the broker’s overall offering, including its multi-jurisdiction regulatory structure, platform ecosystem, and range of account types. We also explore key features such as product availability, funding options, and trading conditions.
Watch the full video to see if Deriv fits your trading needs.
#Deriv #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
Opening-Up eWallets’ Future: The Enduring Value of eWallets in the Trading Space ︳FM Talks x Paysafe
Opening-Up eWallets’ Future: The Enduring Value of eWallets in the Trading Space ︳FM Talks x Paysafe
eWallets aren’t just moving money anymore, they’re running the show.
In this episode of FM Talks, Adonis Adoni (News Editor at Finance Magnates) sits down with Paysafe 's:
•Bob Legters, Chief Product Officer
•Jeannie Lam, VP of Sales & Account Management for Forex & Financial Trading
to break down how wallets evolved from simple payment tools into core trading infrastructure.
💥 Inside the conversation:
•Why wallets now drive growth, retention, and global scale for brokers
•The hidden power behind deposit success, fraud prevention, and UX
•Stablecoins: hype, reality, and where they actually fit today
•AI in wallets: smarter flows vs rising fraud risks
•The rise of white-label wallets and full ecosystem control
•What the future looks like when wallets become your financial brain
🔗 Learn more about @PaysafeGroup : https://www.paysafe.com/en/optimize-forex-payments-for-growth-in-2026/fm/?utm_source=fm&utm_medium=podcast&utm_campaign=2026-q1-fx-demand-gen&utm_content=podcast
From fiat to crypto, payments to trading, everything is converging and wallets are right at the center of it.
#Fintech #eWallets #Trading #DigitalPayments #Stablecoins #Crypto #AIinFintech #FutureOfFinance #Paysafe #FMtalks
eWallets aren’t just moving money anymore, they’re running the show.
In this episode of FM Talks, Adonis Adoni (News Editor at Finance Magnates) sits down with Paysafe 's:
•Bob Legters, Chief Product Officer
•Jeannie Lam, VP of Sales & Account Management for Forex & Financial Trading
to break down how wallets evolved from simple payment tools into core trading infrastructure.
💥 Inside the conversation:
•Why wallets now drive growth, retention, and global scale for brokers
•The hidden power behind deposit success, fraud prevention, and UX
•Stablecoins: hype, reality, and where they actually fit today
•AI in wallets: smarter flows vs rising fraud risks
•The rise of white-label wallets and full ecosystem control
•What the future looks like when wallets become your financial brain
🔗 Learn more about @PaysafeGroup : https://www.paysafe.com/en/optimize-forex-payments-for-growth-in-2026/fm/?utm_source=fm&utm_medium=podcast&utm_campaign=2026-q1-fx-demand-gen&utm_content=podcast
From fiat to crypto, payments to trading, everything is converging and wallets are right at the center of it.
#Fintech #eWallets #Trading #DigitalPayments #Stablecoins #Crypto #AIinFintech #FutureOfFinance #Paysafe #FMtalks
FP Markets Review: Forex & CFD Broker Overview for Asia Traders | Finance Magnates
FP Markets Review: Forex & CFD Broker Overview for Asia Traders | Finance Magnates
In this video, we review @fpmarkets a multi-asset forex and CFDs broker operating across multiple regulated entities worldwide.
We cover the broker’s overall offering, including its regulatory structure, trading platforms, as well as its account types and product range. We also explore key considerations for traders in Asia, including entity differences, leverage, and market access.
Watch the full video to see if FP Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#FPMarkets #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @fpmarkets a multi-asset forex and CFDs broker operating across multiple regulated entities worldwide.
We cover the broker’s overall offering, including its regulatory structure, trading platforms, as well as its account types and product range. We also explore key considerations for traders in Asia, including entity differences, leverage, and market access.
Watch the full video to see if FP Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#FPMarkets #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
