United States & Payward

United States: The United States market is the primary target for Kraken's new regulated perpetual futures, as the launch aims to bring previously offshore trading activity onshore within a regulated framework.

Payward: Payward, Kraken's parent company, facilitated the launch of regulated perpetual futures by acquiring Bitnomial and NinjaTrader, providing the necessary regulatory infrastructure for Kraken's expansion into the US derivatives market.

United States: Kraken is planning to go public in the U.S., and its Fed access is a key regulatory achievement.

Payward: Payward, Kraken's parent company, is driving the global licensing strategy, including this European push.

United States: Alpaca is headquartered in the US and operates Meritz Securities and Alpaca Crypto LLC there.

Payward: Payward, parent of Kraken, provided debt financing, strengthening ties between Alpaca and the crypto exchange ecosystem.

United States: Revolut is pursuing a US banking charter, but this event is separate.

Payward: Parent company of Kraken, received VARA approval in May, but not directly impacted by this event.

Payward: Payward, the parent company of Kraken>>>, received preliminary regulatory approval from Pakistan — Drug Regulatory Authority of Pakistan>>> in United Arab Emirates — Dubai>>> to expand its cryptocurrency services in the United Arab Emirates>>>. This approval is a significant step in its international expansion strategy and allows it to offer a broader range of regulated services.