Kraken Blog/
Kraken bringing crypto options to a wider audience as the market scales
Kraken is launching European-style, cash-settled, USD-settled options on BTC and ETH for professional and institutional clients on Kraken Pro, initially via request-for-quote (RFQ) access.
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Why It Matters
The introduction of professional-grade options contracts with portfolio margin and multi-collateral support aims to attract more institutional capital by providing a familiar, dollar-settled structure.