Kraken adds S&P 500 to funded trading program, commodities to follow
Reported by Cointelegraph · AI-assisted summary by ChikoCorp AI News Desk
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Summary
Kraken, a US-based crypto exchange, has added an S&P 500 perpetual product to its proprietary trading program, Kraken Prop. This product offers funded traders continuous exposure to the S&P 500 index through a perpetual contract without expiration or rollover. Kraken already offers the Nasdaq 100 in the program and plans to add commodities as part of a broader multi-asset expansion.
Why it matters
The addition of the S&P 500 means Kraken Prop traders can access major traditional equity benchmarks alongside crypto assets, potentially broadening trading opportunities. Kraken’s expansion into traditional markets and commodities reflects its push to diversify product offerings for retail investors globally.
Key context
Kraken Prop is a funded trading program where traders start by purchasing an evaluation account; those passing requirements can trade with Kraken’s capital. Evaluation accounts begin at $20, and funded accounts range from $5,000 to $200,000. Kraken has also previously enabled retail investors to participate in IPOs through direct and tokenized share allocations.
Key numbers and entities
Kraken, Kraken Prop program, S&P 500 perpetual product, Nasdaq 100, leverage up to 5x, maximum notional exposure $1 million, evaluation plan start price $20, funded account sizes $5,000 to $200,000.
What remains unclear
The source does not flag any open questions or limitations about the new S&P 500 product or the broader multi-asset rollout.