Kraken says this will enable clients and institutions in the European Economic Area (EEA) to access a full range of crypto derivatives, as well as liquid futures instruments
The company says that ETPs that are eligible for clearing must meet specific criteria based on market capitalisation, as well as underlying asset availability
The integration allows Copper’s clients to convert off-exchange balances into USDC and use the stablecoin for instant trading and settlement across connected exchanges
The offering will come via the Kinexys Digital Payments platform for the bank’s London branch, which the firm says is one of the first blockchain products of its kind to be introduced in the UK