Kraken expands beyond crypto to offer trading in US-listed stocks and ETFs
Kraken, one of the longest standing and most secure cryptocurrency platforms, today announced the initial rollout of commission-free trading for over 11,000 U.S.-listed stocks and ETFs to clients in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama and the District of Columbia.
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A continuous, phased, national rollout to all eligible U.S. clients will follow.
Kraken clients can now seamlessly manage stocks, crypto, cash and stablecoins, all in one place, on the Kraken mobile app, the Kraken Pro app or on Kraken Pro web.
Kraken also offers fractional trading on over half of listed assets, empowering clients to invest in the markets with greater flexibility. This allows traders to buy less than one full share of a high-priced stock, making partial ownership in a company more accessible.
The future of finance is advancing rapidly, as the integration of digital and traditional assets redefines investing. With this milestone, Kraken expands beyond crypto for the first time, allowing clients to easily buy stocks with U.S. dollars. This new ability to rotate between digital assets and stocks is powered by Kraken Securities LLC, a new FINRA-regulated division of the company.
“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.” said Arjun Sethi, Kraken’s Co-CEO. “Expanding into equities is a natural step for us, and paves the way for the tokenization of assets. The future of trading is borderless, always on, and built on crypto rails—and Kraken will continue to lead this shift.”
Kraken eventually plans to expand traditional securities trading to clients in the U.K., Europe, and Australia, while also introducing new features to enhance the trading experience.