Payward files to offer single-stock perpetual futures on Kraken
Summary
Payward has filed to offer single stock perpetual futures on its Kraken platform, initially including ten equities such as $TSLA, $NVDA, and $AAPL. This move reflects the ongoing trend among crypto platforms to explore equity-linked derivatives to better connect traditional markets with digital asset trading. Additionally, Payward is working towards implementing 24/5 trading to allow for activities outside of regular market hours, aligning with the broader industry focus on accommodating traders globally.
Tokens
$TSLA$SPCX$NVDA$AAPL$MSFT$AMZN
Analysis
Apple: Apple designs and markets consumer electronics, software, and services. Its stock appears in the initial lineup of equities for which Payward seeks to offer perpetual futures trading via Kraken. Tesla: Tesla designs and manufactures electric vehicles along with energy storage and solar products. Its stock is included among the first ten equities eligible for the new perpetual futures offering on Kraken. The listing expands access to Tesla exposure through crypto-native derivatives. Amazon: Amazon operates e-commerce, cloud computing, and entertainment businesses globally. Its stock is part of the first group of equities for which single-stock perpetual futures will be offered to US users on Kraken. Kraken: Kraken is a major cryptocurrency exchange platform focused on spot and derivatives trading. Payward is using the Kraken venue to launch the new single-stock perpetual futures product line. The exchange will initially support contracts on select US equities. NVIDIA: NVIDIA develops graphics processing units and artificial intelligence hardware and software. The company’s equity is one of the ten stocks selected for the upcoming single-stock perpetual futures contracts on the Kraken platform. SpiceX: SpiceX is referenced via its equity ticker in the context of the planned product launch. Its stock joins other major names as part of the initial set of single-stock perpetual futures available to US traders on Kraken. Payward: Payward, Inc. operates the Kraken cryptocurrency exchange platform. The company recently filed regulatory paperwork to introduce single-stock perpetual futures contracts for US users. It is simultaneously developing extended trading hours beyond standard market sessions. Microsoft: Microsoft provides cloud computing, software, and hardware products worldwide. The firm’s shares are included among the equities chosen for the new single-stock perpetual futures product on Kraken. Trading Hours: Extended trading sessions are a growing focus for exchanges seeking to accommodate global participants outside standard equity market hours. Product Expansion: Crypto platforms continue to explore equity-linked derivatives as a way to bridge traditional markets and digital asset trading.
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