Kraken Launches Derivatives Trading For Australian Wholesale Market

Leading cryptocurrency exchange Kraken has expanded its Australian operations with a licensed broker service offering crypto-based derivatives, as institutional demand for digital asset trading continues to grow in the Asia-Pacific region.

The new offering, which launched today, allows wholesale clients to trade crypto derivatives through an Australian Financial Services licensed broker structure, enabling sophisticated trading strategies without direct cryptocurrency ownership.

"Over our 13 year history, we have always aspired to be one step ahead of market demand. 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. "Our new premium product meets our clients' trading needs, and helps them to advance in their crypto journey."

The service includes multi-collateral support across fiat currencies, stablecoins and cryptocurrencies, with assets held in Kraken's institutional custody solution. The platform offers access to over 200 tradable assets with 24-hour support.

Miller added, "Australia has long been a cornerstone of Kraken's global operation. Our licensed broker offering is testament to our ongoing commitment to regulatory compliance and to bring exciting crypto products to market that can truly unlock institutional demand for cryptoassets."

Founded in 2011, Kraken has established itself as one of the largest cryptocurrency exchanges globally, serving millions of retail and institutional clients. The platform supports trading in six fiat currencies including Australian dollars and recently ranked 14th in Newsweek's Top 100 Global Most Loved Workplaces.