Kraken Launches Commission-Free Trading for Stocks and ETFs in Select U.S. States, Expanding Beyond Crypto
The post Kraken Launches Commission-Free Trading for Stocks and ETFs in Select U.S. States, Expanding Beyond Crypto appeared on BitcoinEthereumNews.com.
American crypto exchange Kraken has officially begun its foray into equities, offering commission-free trading for over 11,000 stocks and exchange-traded funds. This significant expansion is aimed at integrating traditional financial products alongside Kraken’s established crypto trading services. According to Kraken Co-CEO Arjun Sethi, “As demand for 24/7 global access grows, clients want a seamless, all-in-one trading experience.” Kraken has launched commission-free trading for over 11,000 stocks and ETFs, marking a pivotal expansion into traditional finance for the cryptocurrency exchange. Kraken Expands Offerings with Commission-Free Stock and ETF Trading Kraken’s latest announcement signals a notable shift in the cryptocurrency landscape, as the exchange welcomes traditional financial assets into its platform. Already a dominant player in the crypto trading space, Kraken is now offering commission-free trading for a wide array of equities and ETFs, available to users in select U.S. states and the District of Columbia. This move not only enhances Kraken’s product offering but also positions it strategically amidst evolving investor demands. Details of the Stock Trading Launch and Geographic Availability The trading opportunities include more than 11,000 stocks and a diverse range of ETFs that trade on major exchanges such as the NYSE and NASDAQ. Currently, only residents in states like New Jersey, Connecticut, and Alabama can access this new feature; however, plans are in place to expand availability to British, Australian, and European clients in the near future. This geographical rollout showcases Kraken’s intent to broaden its reach and cater to a global audience. Impact of Regulatory Environment on Kraken’s Expansion Kraken’s decision to venture into equity trading comes at a time when regulatory clarity is on the rise, particularly after the U.S. SEC recently dismissed enforcement actions against the exchange and its counterparts. This potential regulatory easing has encouraged Kraken to innovate and expand its service offerings. The…
Filed under: News - @ April 14, 2025 10:26 pm