Kraken, one of the most established cryptocurrency exchange platforms in the world, has just launched a novelty: its selected users in the United States (USA) will now be able to buy and sell U.S. stocks and ETFs directly from the Kraken app, without any commission.
A decisive move that consolidates the company’s goal of breaking down barriers to financial access and offering an integrated platform for all trading needs.
A new frontier for Kraken in the USA with ETFs
With the official launch of stock trading, Kraken makes its entry into the world of finanza tradizionale, adding an important new piece to its offering.
After years of service solely in the field of criptovalute, the company expands its reach to include over 11,000 US securities, including stocks and Exchange Traded Funds (ETF).
Currently, the service is active for U.S. customers residing in the following states: New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama, and in the District of Columbia.
However, Kraken has already announced the intention to progressively extend access to other states and, subsequently, also to the international markets such as the United Kingdom, Europe, and Australia.
The objective of Kraken is to offer a simplified and all-in-one user experience. Thanks to the new feature, it is now possible to manage criptovalute, azioni, contanti e stablecoin from a single interface, both on the web version and through the Kraken and Kraken Pro mobile apps.
Among the main features offered:
Immediate reinvestment
After selling a stock, it is possible to instantly reinvest the proceeds in both other stocks and cryptocurrencies. This mechanism allows investors to quickly adapt their strategy without downtime or transfers between different platforms.
Fractional trading
With the support for fractional trading, even investors with modest capital can access particularly expensive stocks by purchasing fractions of a share. The option is available on thousands of assets, making investment more accessible for all financial profiles.
Integrated experience
The possibility of managing digital assets and traditional securities in a single application eliminates the need to switch from one platform to another. This not only optimizes time, but also reduces the risk of errors due to the fragmentation of the user experience.
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The technology behind the service
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The introduction of stock trading is made possible thanks to Kraken Securities, a division regulated by FINRA (Financial Industry Regulatory Authority), which specifically deals with the provision of investment services in the stock sector.
The initiative is an integral part of the company’s expansion strategy in the global finance landscape.
For Kraken, this is not just a technical step forward, but a cultural evolution. Arjun Sethi, Co-CEO of the company, stated the following:
“Cryptocurrencies are not just evolving, they are becoming the backbone of trading across different asset classes, such as stocks, currencies, and commodities.”
Sethi also highlights how clients are expressing a growing desire to access markets continuously, globally, and in an integrated manner, features that only an infrastructure built on a crypto-native basis can truly offer.
The decision to enter the stock market therefore represents a natural evolution for Kraken, which aims to lead the future of finance towards a constantly active and borderless trading environment, a concept that is still today the prerogative of cryptocurrencies.
The path just begun by Kraken will not stop at a handful of American states. The company has already announced its intention to rapidly expand access, first in the remaining U.S. territory, then in international markets.
It will therefore be possible for millions of users around the world to access a centralized and secure trading experience, which combines the ease of use of modern fintech platforms with the depth of traditional financial offerings.
All services related to the purchase of stocks and ETFs will be made available only through Kraken Securities LLC, a member of FINRA/SIPC, while cryptocurrency operations will continue to be managed by Payward Interactive, not affiliated with FINRA or SIPC.
It is good to remember that every form of investment involves risks, including the possibility of capital loss. Kraken encourages users to consult the informative di rischio before starting any type of bull or bear trading activity.
A new paradigm for modern investors
In a constantly changing economic context, Kraken offers a cutting-edge platform, capable of combining the best of traditional and decentralized finance.
The addition of stocks and ETFs completes an already very rich offering, positioning Kraken not only as a exchange of cryptocurrencies, but as a true global investment platform.
Existing platform customers can immediately access the new service, while newcomers can create an account and complete the Intermediate or Pro level verification, necessary to access services related to stock titles.
With moves like this, Kraken is getting closer and closer to the ambition of becoming the central hub for all future investments.
For more information about the new service, you can visit the dedicated section on the official Kraken Equities website.
