Kraken, a leading U.S. cryptocurrency exchange, has launched derivatives trading services in the UK, targeting professional investors. This move signifies Kraken's commitment to expanding its presence in the UK, its second-largest market after the U.S. The derivatives service is exclusively available to investors classified as professionals under the UK Financial Conduct Authority (FCA) guidelines. This ensures compliance with regulatory requirements and focuses on serving experienced traders. According to Alexia Theodorou, Head of Kraken Derivatives, the derivatives market possesses significant growth potential, estimating it could become 10-15 times larger than the spot market. She also mentioned how derivatives trading is already heavily regulated. ```