Crypto Giant Kraken Debuts Equities Platform
In a bold expansion move, Kraken has launched commission-free stock and ETF trading in the U.S., becoming one of the first crypto-native platforms to fully enter the equities space. The announcement was made via an official blog post on April 14, unveiling Kraken Securities as its new regulated arm for traditional markets.
Trading Available in Ten States – More Coming Soon
U.S. users in ten states—like Wyoming, New Jersey, Connecticut, and Alabama—can now trade over 11,000 stocks and ETFs from their Kraken accounts. The rollout will expand to other states in phases, with a goal to support clients across all major markets.
Unified Portfolio: Crypto, Stocks, and Cash in One App
The Kraken mobile and Kraken Pro apps now allow users to manage a diverse portfolio including crypto, stablecoins, cash, and traditional equities. Features like fractional share purchases and automated reinvestment make it easier than ever to switch between asset classes.
Kraken Securities Secures U.S. and U.K. Regulatory Green Lights
Kraken Securities, regulated by FINRA, will oversee the new equities offerings. Already approved in the U.K., Kraken sees this as a key step toward offering a comprehensive trading experience.
“We’re building toward a world where tokenization connects all asset classes,” said Arjun Sethi, Co-CEO of Kraken.
SEC Case Dropped: Regulatory Environment Shifts
Just days before the launch, the SEC officially dismissed its charges against Kraken, along with similar cases involving ConsenSys and Cumberland DRW. The shift comes under new leadership within the Trump administration, signaling broader support for crypto innovation in the U.S.
Though Ripple paid a $50 million fine to close its own SEC case, the lack of final announcements has left the industry seeking clarity.