Kraken Launches Stock and ETF Trading with 11,000+ Assets Commission-Free
In a move of aggressive expansion, crypto exchange Kraken has made its move into the mainstream financial markets, announcing the roll-out of commission-free trading on over 11,000 U.S.-listed stocks and ETFs. The launch is an important milestone for Kraken as it moves away from being strictly a cryptocurrency entity, looking to establish itself as a one-stop-shop trading platform for both traditional and digital assets.
The new service, offered through Kraken Securities—regulated by the Financial Industry Regulatory Authority (FINRA)—is initially open to users in 10 U.S. states, including New Jersey, Oklahoma, and Wyoming. It is accessible both through the Kraken and Kraken Pro mobile apps and includes fractional trading as well as instant reinvestment.
Kraken's inclusion of equities in addition to crypto, stablecoins, and cash aims to make asset managing easy for retail traders. With combining markets into a single interface, customers no longer have to deal with various brokerage accounts.
"Kraken just became your one-stop trading behemoth," the firm declared on X (formerly known as Twitter). "You can now trade stocks, ETFs & crypto side by side — with zero commissions."
Kraken Co-CEO Arjun Sethi views this trend as part of a larger reformation in global finance. According to him, crypto is no longer limited to digital assets but is increasingly becoming the underpinning of trading in a variety of financial instruments, such as equities, commodities, and currencies.
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“The expansion into stock trading is just the beginning,” said Sethi. “We’re paving the way for asset tokenization. The future of finance is global, always-on, and built on crypto infrastructure — and Kraken intends to lead the charge.”
The company plans to roll out the service to more U.S. jurisdictions and eventually expand internationally to markets in the United Kingdom, Europe, and Australia.
