Bullet points of Kraken launches derivatives trading in Bermuda with BMA license

Bullet points of Kraken launches derivatives trading in Bermuda with BMA license
- Kraken has opened a derivatives trading platform in Bermuda, receiving a license from the Bermuda Monetary Authority.
- The platform offers perpetual and fixed maturity futures with over 200 contracts available.
- Collateral options include fiat currency and more than 30 cryptocurrencies.
- Kraken's expansion is 'well timed' as derivatives now account for the majority of total crypto trading volumes.
- Bermuda has been developing its crypto sector under pro-crypto Premier E. David Burt.