Kraken Launches Commission-Free Stock and ETF Trading in Select U.S. States
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Key Notes Kraken rolls out stock and ETF trading in select U.S. regions. Users can trade crypto and equities on one platform within a single interface. The new service coincides with Kraken’s recent legal win against the SEC and IPO trend. . Leading cryptocurrency exchange, Kraken has officially launched stock and ETF trading for clients in 10 regions across the United States. This marks a major step for the crypto exchange as it expands its offerings beyond digital assets. Stock trading is now available to clients in 10 u.s. states According to the exchange’s announcement, starting April 14, users in select states will have access to over 11,000 U.S.-listed stocks and ETFs directly through their Kraken accounts. The service is available in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama, and the District of Columbia. The top trading platform stated that the rollout will gradually expand to more U.S. states. Ultimately, it plans to introduce the service to major international markets, including the United Kingdom, Europe, and Australia. Kraken clients can manage crypto and equities following the update without switching between platforms. The feature is available on the standard Kraken mobile app, Kraken Pro Web, and Kraken Pro app. With this development, users can easily move between digital currencies, traditional stocks, stablecoins, and cash, all within one interface. It is important to add that this new offering came simultaneously with Kraken’s recent legal victory in the country. The United States Securities and Exchange Commission (SEC) has dropped its lawsuit against the crypto exchange. Following the dismissal, Kraken faced no penalties, no operational restrictions, and made no admission of wrongdoing. Flexible features add appeal for everyday investors As detailed, one key feature of the new development is allowing users to reinvest funds immediately after selling a stock. They…
Filed under: News - @ April 14, 2025 5:26 pm