Not investment advice. Crypto trading involves risk of loss. Crypto services provided by Payward Europe Solutions Limited, trading as Kraken, is regulated by the Central Bank of Ireland.

Investment services, ancillary services and investment activities (the "Services") in relation to financial instruments are provided and carried out by Payward Europe Digital Solutions (CY) Limited (ex I.F. Greenfields Wealth Ltd) ("PEDSL-CY"). PEDSL-CY is authorised and approved by the Cyprus Securities and Exchange Commission (CySEC) for the provision of the Services with licence number 342/17. PEDSL-CY is registered in Cyprus with registered number HE 356603 and registered office at Athalassas, 62, MEZZANINE, Strovolos 2012, Nicosia, Cyprus. See Risk Disclosures here.

These materials are for general information purposes only and are not investment or financial product advice or a recommendation or solicitation to buy or sell financial instruments or to engage in any specific trading strategy. The unpredictable nature of the crypto-asset markets and derivatives markets can lead to loss of funds. Trading financial instruments involve significant risk and is not appropriate for all investors. The value of your investment may go down or up. When investing in derivatives, you could lose more than your investment. The xStock perpetual contract references a synthetic index and does not confer any ownership interest in the underlying equity or its shares. Read PEDSL-CY’s Risk Disclosure at https://eu.kraken.com/legal/risk-disclosure as well as the Base Prospectus and related Final Terms for xStocks at https://assets.backed.fi/legal-documentation to learn more. Tax may be payable on any return and/or on any increase in the value of your investment and you should seek independent advice on your taxation position. Geographic restrictions may apply.

Kraken Prop is an interface that allows you to connect to an evaluation service (Breakout Trading Group, LLC) and funded programme (Payward Oceanic Ltd.). Kraken is not a party to either and doesn't guarantee outcomes. Trading is simulated, no real trading occurs. This is not regulated by the Central Bank of Ireland or any EU authority. MiCA protection do not apply. Fees are non-refundable.

Digital assets are held in custody by Payward Europe Solutions Limited (PESL), your MiCA custodian, while margin lending and derivatives trading are provided by PEDSL-CY, your MiFID broker. Each entity acts solely within its own regulatory permissions, and no joint service or cross-entity responsibility is implied.