Derivatives Infrastructure

Offer regulated derivatives, licenses included.

Launch and scale CFTC-regulated derivatives and prediction markets under your own brand. No licenses to win. No infrastructure to build.

Built on Kraken’s 15-year operating history and live CFTC-regulated US entities.

1st
The first CFTC-regulated exchange to accept crypto as margin collateral
16+
Crypto perpetual markets available today
10
Exchanges, including CME, ICE, Eurex, and Kalshi
3
CFTC entities in-house: DCM, DCO, FCM

You own the customer. We run the infrastructure.

Whether your users trade on a centralized exchange or an onchain protocol, they can trade regulated Payward markets without leaving your product. Your users stay in your experience; the regulated rails run quietly behind it.

Three regulated layers. One integration.

The exchange

Launch new markets without running an exchange.

Contracts list and trade on Bitnomial Exchange, our CFTC-regulated venue: spot margin, futures, perps, options, and prediction markets.

DCM · Designated Contract Market · Bitnomial Exchange, LLC

Bitnomial Exchange, LLC is a CFTC-registered designated contract market. View Disclosures.

The clearinghouse

Built specifically for crypto, not just adapted to it.

Bitnomial Clearinghouse manages clearing, settlement, and counterparty risk, including crypto collateral, for our markets or yours.

DCO · Derivatives Clearing Organization · Bitnomial Clearinghouse, LLC

Bitnomial Clearinghouse, LLC is a CFTC-registered derivatives clearing organization. View Disclosures.

The broker

One relationship reaches the whole regulated market.

NinjaTrader Clearing carries client accounts and connects you to Bitnomial, CME, ICE, Eurex, Kalshi and more.

FCM · Futures Commission Merchant · NinjaTrader Clearing, LLC

NinjaTrader Clearing, LLC is a CFTC-registered futures commission merchant and an NFA Member (NFA ID: 0309379). View Disclosures.

Powering your derivatives business end to end.

Give your customers access to futures, perpetuals, and prediction markets through a single integration. Connect to leading exchanges, including CME, Kalshi, Bitnomial, Coinbase, ICE, and Eurex, under your brand with built-in risk management controls.

Onboard

Open accounts under your brand.

Branded account opening, from first application to an approved account.

Fund

Fund accounts instantly.

Instant funding options, balances, and transfers, all through one API.

Trade

Trade on your own platform.

Order execution and live market data on a trading platform you brand.

Manage risk

Control risk before the trade.

Pre-trade risk checks, margin and liquidation controls, and surveillance.

Operate

Run the account day to day.

Reporting, reconciliation, and operational support behind every account.

One REST and WebSocket API. Most partners go live in 6 to 12 weeks.

Our infrastructure defines what’s possible

Settle in the asset the market trades.
Offer regulated derivatives with crypto settlement, on the first U.S.-regulated exchange to list perpetual futures.
One collateral pool & framework.
Users post once and trade spot, futures, perpetuals, and options against the same collateral, using crypto, stablecoins, or USD.
Contracts built for a new market.
Build contracts for what people want to trade next, not what financial infrastructure allowed them to trade before.

One infrastructure. More ways to market.

Connect your users to regulated markets
Bring derivatives and prediction markets to your users without building a brokerage or exchange connection. We help you choose an IB model, then run onboarding, funding, execution, and risk for you.

Best for: Fintechs, trading platforms, and other products putting regulated markets in front of U.S. users.

Bring your market onshore
Keep your technology, product and brand while we provide the regulated exchange, clearinghouse and brokerage infrastructure underneath. Launch into the U.S. without building the regulated stack yourself.

Best for: DEXs, onchain protocols, and international exchanges bringing their markets to U.S. users.

Clear your own markets
List markets on your exchange and clear them through Bitnomial Clearinghouse. Access clearing and settlement across spot margin, futures, perps, options and prediction markets without operating your own DCO.

Best for: exchanges that need a clearing partner for their own markets.

Ready-made contracts
Distribute the regulated contracts already listed on Bitnomial Exchange: spot margin, and perpetuals, to your users without creating or listing them yourself.

Best for: Brokers and platforms looking to expand what their users can trade.

More of the market, in your product.

From crypto and derivatives to the markets taking shape next.

Spot margin
Offer leveraged spot trading with flexible settlement.
Perpetual futures
Crypto perpetuals across 16+ assets, and more to come soon.
Prediction markets
Event contracts across sports, politics, culture, crypto, and more.
Options (coming soon)
Regulated crypto options are coming to Bitnomial Exchange.

Futures, spot margin, event contracts, and options trading involves substantial risk and is not suitable for everyone. Losses may exceed the initial investment. Past performance is not necessarily indicative of future results. Leverage magnifies gains and losses and may vary by asset. Geo restrictions and terms apply. View Disclosures.

For FCMs

Connect as a clearing member

Futures commission merchants can become clearing members of Bitnomial Exchange to connect directly to our markets and distribute our contracts. The rulebook governs how those markets operate: governance, market operations, and clearing.

Get in touch

Ready to offer regulated derivatives?

Talk to our team.

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