Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Kraken MTF offers coin-collateralized futures contracts across bitcoin, ETH, XRP, litecoin and bitcoin cash.Kraken MTF, the cryptocurrency exchange’s institution-only derivatives trading arm, has joined crypto custody specialist Copper’s popular collateral management and settlement network,, bought as Crypto Facilities by the exchange some five years ago, is based in London and regulated by the U.K.’s Financial Conduct Authority .
After many traders' funds were marooned on the collapsed crypto exchange FTX, there’s been a push toward alternative structures, such as in-custody settlement networks and the like.
“We have since used the MTF to continue to grow with our institutional client base,” Jennings said. “We are not at that $30 billion a month at this point in time. However, we're now moving back towards that, and part of it has been bringing that institutional client base to the venue by integrating with the likes of Copper.”in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
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