One of the established players in the cryptocurrency market, Kraken, has gone beyond digital assets and launched stock and ETF trading services in the US. This move stands out as part of its vision to bring both traditional and digital investors under one roof.
11,000 Stocks and ETFs Now Available with Commission-Free Trading
Kraken announced that it has integrated over 11,000 US-based stocks and exchange-traded funds (ETFs) into its platform. Moreover, these assets are offered with commission-free trading. This step marks the first tangible reflection of Kraken’s goal to unite stocks and cryptocurrencies on a single platform.
Currently, this service is available to users in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama, and the District of Columbia. Kraken plans to gradually roll out this feature to other US states in the coming period.
Global Vision: Europe, the UK, and Australia Next
Kraken doesn’t intend to limit this move to the US market alone. The company aims to expand its stock and ETF trading feature to major markets such as the UK, Europe, and Australia. This strategy is seen as an essential part of its goal to build a borderless financial system operating 24/7.
“Crypto Is Becoming the Backbone of Asset Trading”
Kraken co-CEO Arjun Sethi commented on the move with the following statement:
“Crypto isn’t just evolving, it’s becoming the backbone of trading across asset classes like stocks, commodities, and currencies. As the demand for global, around-the-clock access increases, users want to manage all their investments on a single platform.”
Sethi also emphasized that expanding into traditional financial products is a natural step toward tokenizing real-world assets and building a limitless financial future based on blockchain infrastructure.
Timing Is Noteworthy
Kraken’s initiative comes at a time when both traditional and crypto investors are on edge following US President Donald Trump’s April 2nd announcement of retaliatory tariffs. In fact, the S&P 500 index lost $5 trillion in market value in just two days, surpassing the sharp sell-off seen during the initial wave of COVID-19.
Kraken’s latest expansion reflects the rise of hybrid platforms that combine traditional and digital finance in times of uncertainty. Especially as crypto infrastructure finds its place in traditional asset trading, it signals a fundamental transformation in the financial landscape.
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