Cryptocurrency exchange Kraken has launched cryptocurrency derivatives trading services in its second largest market, the UK. This product is only open to "professional clients" as defined by the Financial Conduct Authority (FCA) in the UK. Alexia Theodorou, Head of Derivatives at Kraken, stated that cryptocurrency derivatives will be offered through Kraken's Multilateral Trading Facility (MTF), which is operated by Crypto Facilities, which became the first cryptocurrency company to obtain an MTF license from the FCA in 2020. Kraken acquired Crypto Facilities for over $100 million in 2019. Kraken recently acquired a MiFID II entity in Cyprus and NinjaTrader in the United States. (TheBlock) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41809