Kraken Launches Crypto-as-a-Service Tool; Adds Forex Perpetual Futures

Wednesday, 30/04/2025 | 14:44 GMT by Tareq Sikder
  • Embed supports over 370 digital assets, utilizing existing liquidity and market infrastructure.
  • bunq is the first to use Kraken Embed, as crypto adoption and MiCA drive more partnerships.
Kraken branding will adorn the FW45 halo and rear wing for the remainder of the 2023 season
Kraken launches crypto derivatives in Europe

Kraken has introduced Kraken Embed, a new Crypto-as-a-Service (CaaS) product. It is designed for neobanks, fintech companies, and traditional banks. The service allows institutions to offer cryptocurrency trading to their customers.

Earlier this month, Kraken expanded beyond crypto by launching FX perpetual futures for EUR/USD and GBP/USD. Available on Kraken Pro, the new instruments allow 24/7 trading of major currency pairs for the first time on the platform. Unlike traditional FX products, these contracts do not expire and trade continuously.

New Service Enables Fast Crypto Market Entry

Brett McLain, Head of Payments and Blockchain at Kraken
Brett McLain, Head of Payments and Blockchain at Kraken, Source: LinkedIn

“Our Crypto-as-a-Service solution enables a wide range of financial institutions to efficiently meet growing client demand without the complexity and overhead of running their own marketplace,” said Brett McLain, Head of Payments and Blockchain at Kraken.

Kraken Embed reduces the need for extensive operational and technical development. It enables institutions to provide crypto services within weeks. Kraken says the solution uses its existing liquidity , technical infrastructure, and regulatory experience.

You may find it interesting at FinanceMagnates.com: Kraken's $1 Billion Debt Plan: Will It Cement Its 2026 IPO Efforts?

First Kraken Embed Integration with bunq

The first public integration of Kraken Embed is with bunq, a European neobank. Kraken plans to announce more partnerships soon.

Founded in 2011, Kraken supports trading in over 370 digital assets. It is considered one of the most liquid crypto exchanges in the market. With Kraken Embed, the company aims to help financial institutions meet growing customer demand for crypto products.

The launch comes as global adoption of crypto is rising. In Europe, regulations such as MiCA are providing clearer rules for the market. According to Kraken, its infrastructure is positioned to support institutions in this environment.

Kraken has introduced Kraken Embed, a new Crypto-as-a-Service (CaaS) product. It is designed for neobanks, fintech companies, and traditional banks. The service allows institutions to offer cryptocurrency trading to their customers.

Earlier this month, Kraken expanded beyond crypto by launching FX perpetual futures for EUR/USD and GBP/USD. Available on Kraken Pro, the new instruments allow 24/7 trading of major currency pairs for the first time on the platform. Unlike traditional FX products, these contracts do not expire and trade continuously.

New Service Enables Fast Crypto Market Entry

Brett McLain, Head of Payments and Blockchain at Kraken
Brett McLain, Head of Payments and Blockchain at Kraken, Source: LinkedIn

“Our Crypto-as-a-Service solution enables a wide range of financial institutions to efficiently meet growing client demand without the complexity and overhead of running their own marketplace,” said Brett McLain, Head of Payments and Blockchain at Kraken.

Kraken Embed reduces the need for extensive operational and technical development. It enables institutions to provide crypto services within weeks. Kraken says the solution uses its existing liquidity , technical infrastructure, and regulatory experience.

You may find it interesting at FinanceMagnates.com: Kraken's $1 Billion Debt Plan: Will It Cement Its 2026 IPO Efforts?

First Kraken Embed Integration with bunq

The first public integration of Kraken Embed is with bunq, a European neobank. Kraken plans to announce more partnerships soon.

Founded in 2011, Kraken supports trading in over 370 digital assets. It is considered one of the most liquid crypto exchanges in the market. With Kraken Embed, the company aims to help financial institutions meet growing customer demand for crypto products.

The launch comes as global adoption of crypto is rising. In Europe, regulations such as MiCA are providing clearer rules for the market. According to Kraken, its infrastructure is positioned to support institutions in this environment.

About the Author: Tareq Sikder
Tareq Sikder
  • 1910 Articles
  • 32 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 1910 Articles
  • 32 Followers

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