Crypto Exchange Kraken Is Expanding Into US Stocks and ETFs: Report

Sep 28, 2023

Kraken, a 12-year-old cryptocurrency company, plans to expand its services to include trading in US-listed stocks and exchange-traded funds, according to Bloomberg. The company has already obtained regulatory permits in the UK and has applied for a broker-dealer license in the US. Kraken aims to launch this new service in 2024, entering a competitive market dominated by zero-commission players like Robinhood and Public.com.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

Lastest News

see all