Kraken plans to expand its operations in the European Union by offering services that allow crypto collateralization for derivatives trading. This move aims to enhance the trading options available to users within the EU market. The platform intends to facilitate the use of cryptocurrencies as collateral for various derivative products, providing traders with more flexibility and opportunities. By entering the EU market, Kraken seeks to strengthen its presence in the growing sector of cryptocurrency trading and derivatives. This initiative reflects the company’s commitment to adapting to the evolving financial landscape and meeting the demands of its clients.
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