Kraken adds S&P 500 to funded trading program, commodities to follow

Kraken expanded its proprietary trading offering by adding an S&P 500 perpetual product to its funded trading program, giving users 24/7 exposure to the U.S. equity benchmark with up to 5x leverage. The product is based on an index oracle rather than a standard futures contract, so it has no expiry or rollover. The move broadens Kraken’s multi-asset strategy and signals continued convergence between crypto platforms and traditional markets. It may modestly support sentiment around U.S. equity risk exposure and highlights growing demand for crypto-native access to macro assets. Kraken also said commodities will be added next, further extending the platform’s product scope.