Kraken is expanding its offerings to accommodate more traditional investors. The crypto exchange has announced plans for exchange-traded funds (ETFs) and US-listed stocks.
Kraken, in its announcement, noted that “Currently, stock trading is only available to U.S. clients residing in Alabama, Connecticut, Idaho, Iowa, Kentucky, New Jersey, Oklahoma, Rhode Island, Wyoming, and the District of Columbia. We’re working to make stock trading available in more states soon!”
Currently, stock trading is only available to U.S. clients residing in Alabama, Connecticut, Idaho, Iowa, Kentucky, New Jersey, Oklahoma, Rhode Island, Wyoming and the District of Columbia.
We’re working to make stock trading available in more states soon!
— Kraken Exchange (@krakenfx) April 14, 2025
This move means US users can now access commission-free trading for over 11,000 U.S.-listed stocks and ETFs. It also means users can now trade stablecoins, crypto, and stocks from a single platform.
As per an official announcement, users can now switch between digital and traditional assets on all Kraken platforms, including the mobile app, the mobile app, or the Kraken Pro web experience.
Kraken plans to extend its stock offerings to other regions, such as the United Kingdom and Australia.
We launched stock trading today, further solidifying our move to be one of the top platforms for investing and trading across *all* of financial services.
more on this from @krakenfx here – https://t.co/4WDnqmIgy1
— Dave Ripley (@DavidLRipley) April 14, 2025
Why is Kraken doing this?
Kraken’s co-CEO, Arjun Sethi, explained that the decision mirrors the firm’s view of crypto and traditional stocks alike. “A lot of people think of crypto and traditional equities and traditional finance differently. And we don’t,” he said.
The Kraken executive further remarked that expanding into equities was a strong step towards tokenization of real-world assets, an aspect of blockchain technology that has grown popular in traditional markets.
“A lot of people think of crypto and traditional equities and traditional finance differently. And we don’t.” @krakenfx Co-CEO Arjun Sethi on expanding the cryptocurrency platform to include US stocks and ETF trading https://t.co/PZRzadyAqh pic.twitter.com/PdRbEkkxsa
— Bloomberg TV (@BloombergTV) April 14, 2025
He said, “Crypto isn’t just evolving; it’s becoming the backbone for trading across asset classes, such as equities, commodities, and currencies. As demand for 24/7 global access grows, clients want a seamless, all-in-one trading experience.”
Kraken’s new rollout now makes it easy for users to reinvest their money right after they sell, whether they’re buying more stocks or switching to crypto. The move comes shortly after Kraken announced a partnership with Mastercard to launch crypto cards in Europe.
Disclaimer
The post Kraken Adds Stocks and ETFs for U.S. Users appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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