Kraken Expands Into U.S. Stock And ETF Trading With Commission-Free Service
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Kraken launches commission-free stock and ETF trading in select U.S. states. Users can trade over 11,000 stocks and ETFs alongside crypto on one platform. Expansion planned for more U.S. states and international markets including the U.K. and Europe. Kraken, a prominent U.S.-based cryptocurrency exchange, has announced the rollout of commission-free trading for U.S.-listed stocks and exchange-traded funds (ETFs). The move signifies the company’s entry into traditional financial markets, allowing selected users to trade equities and digital assets on the same platform. Kraken’s latest upgrade will enable users to access over 11,000 U.S.-listed stocks and ETFs directly through their accounts. The commission-free trading service is currently available to clients based in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama, and the District of Columbia. 🔥 @Krakenfx announces U.S.-listed stock and ETF trading#Kraken introduces commission-free trading for more than 11,000 U.S.-listed stocks and #ETFs, uniting equities and digital assets on a single platform. Now, U.S. clients in New Jersey, Connecticut, Wyoming, Oklahoma,… pic.twitter.com/PVGcI75MzX — PHOENIX – Crypto News & Analytics (@pnxgrp) April 14, 2025 The feature is offered through Kraken Securities, a regulated division within Kraken that operates under the Financial Industry Regulatory Authority (FINRA). This addition allows clients to trade traditional equities alongside cryptocurrencies, stablecoins, and cash on a single platform. Kraken stated that the stock and ETF trading feature represents the beginning of a phased rollout across the United States. The company plans to expand access to clients in other states in the coming months. Features of Kraken’s Equities Offering Kraken’s entry into equities trading introduces several key functionalities to simplify the user experience. Clients can reinvest funds immediately after selling stocks or ETFs. This flexibility extends to stock reinvestment and converting proceeds into digital assets like cryptocurrencies. The platform also supports fractional trading, allowing users to…
Filed under: News - @ April 15, 2025 8:27 am