-
Kraken Enters Funded Trading With New Prop Program After Breakout Acquisition
Kraken has launched a proprietary trading program that allows crypto traders to access firm capital after completing an evaluation. It marks the exchange’s entry into the growing funded trading segment. The new service, dubbed Kraken Prop, enables traders to operate with up to $200,000 in company-backed funds while keeping up to 90% of generated profits. The move now extends Kraken’s product suite beyond exchange services and into trader funding, a model widely used in traditional finance and likely to be seen more in crypto. According to Wednesday’s announcement, Kraken requires traders to complete an ... (full story)