Kraken Exchange Broadens Services Beyond Crypto into U.S. Stock and ETF Trading

Kraken, a prominent cryptocurrency exchange, recently shared its intentions to diversify its offerings, with an eye on providing trading options for U.S. stocks and exchange-traded funds (ETFs). Kraken Securities, a dedicated division within the company, aims to spearhead this expansion, targeting both the U.S. and U.K. markets by 2024. Sources, like the one from Bloomberg on September 27, stated that Kraken had already secured the necessary permissions from key financial oversight bodies, including the Financial Industry Regulatory Authority in the U.S. and its counterparts in the...


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