Kraken announced Rails on February 4 via X as a regulated crypto derivatives and trading infrastructure designed for institutional users. The company described Rails as a compliant, institutional-grade backend that financial institutions can plug into to offer crypto derivatives without building their own infrastructure.
The platform positions itself as a regulated derivatives and trading infrastructure rather than a retail-facing trading venue. A token on the Rails platform is used for utility and coordination across the ecosystem.
Local media reported that Rails is built on the Ink blockchain. The reports also indicate that it combines on-chain custody.
Kraken unveiled Rails on February 4 through X as a regulated derivatives and trading infrastructure designed for institutional users. The provider describes Rails as a compliant, institutional-grade backend that financial institutions can plug into to offer crypto derivatives without building their own infrastructure.
Rails positions itself as regulated derivatives and trading infrastructure rather than a retail-facing trading venue. A Rails token is used for utility and coordination across the ecosystem. Local media reports indicate Rails is built on the Ink blockchain and combines on-chain custody. The rollout signals Kraken’s aim to provide a regulated, institutional-grade backend for crypto derivatives.
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