Late Friday, Kraken said it expects to launch CFTC-regulated perpetual futures in the U.S. within the next 30 days, hours after the U.S. Commodity Futures Trading Commission approved the instruments.

The exchange said that once approved, the contracts will be listed on the Bitnomial Exchange, a CFTC-regulated exchange recently acquired by Kraken’s parent company, Payward.

Payward said on April 17 that it was acquiring cryptocurrency platform Bitnomial for as much as $550 million to give Kraken Pro customers access to Bitnomial’s perpetual futures offering.

However, while Kraken announcement said the report was filed on Friday, no report was found among the recent CFTC Bitnomial regarding a specific Bitcoin (BTC) fixed contact filings since Sunday morning. “Today’s announcement launches plans to bring this activity onshore in a CFTC-regulated venue,” the announcement reads.

“US customers will soon be able to trade perpetual futures contracts. @KrakenPro” read a company post on social media on Saturday.

Source: Kraken on X.com

Requests for further information about the filing sent to two Kraken executives and Bitnomial’s chief regulatory officer were not immediately responded to.

It is true that companies often request that their applications be treated confidentially. KalshiEX, which received CFTC approval to trade a BTC perpetual futures contract on Friday, had originally requested confidential treatment of the application in an undated letter letter to the CFTC.

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The race to become a leader on the regulated American market begins

Shortly after the CFTC approved BTC contracts on Friday morning, Coinbase Financial Markets quickly emerged from lockdown to offer U.S. institutional clients access to global crypto options and perpetual futures markets through regulated futures commission seller Deribit.

Deribit, which Coinbase acquired in August 2025 as part of its expansion into crypto derivatives, is the largest open interest crypto options exchange.

Information about the CFTC’s approval of trading in BTC perpetual instruments on Kalshi. Source: CFTC

The U.S. Securities and Exchange Commission and the CFTC said in September that they would explore ways to introduce onshore perpetual futures trading. In the pond statementthe agencies said perpetual contracts were largely confined to overseas cryptocurrency markets due to regulatory and jurisdictional restrictions.

CFTC Chairman Michael Selig he said on Friday “In my opinion, the question was never whether there would be perpetual contracts for crypto assets. Instead, the question was whether they would exist under American supervision, American standards and the American rule of law.”

Also on Friday, CFTC staff released guidelines for 24/7 trading, clearing and settlement, stating that cryptographic asset derivatives may be particularly well suited to 24/7 markets.

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