Kraken has launched Rails, a regulated crypto derivatives and trading infrastructure aimed at institutional users, as per the company’s announcement on X on 4 February.
Kraken noted that Rails is designed as a compliant, institutional-grade backend that financial institutions can plug into to offer crypto derivatives without having to build their own infrastructure. The token is used for utility and coordination across the platform The platform positions itself as a regulated derivatives and trading infrastructure rather than a retail-facing trading venue. According to local media, Rails is built on the Ink blockchain and combines on-chain custody with ins