Kraken has expanded beyond cryptocurrencies with commission-free trading of more than 11,000 U.S.-listed stocks and exchange-traded funds (ETFs). Starting April 14, users in states such as New Jersey, Connecticut, Wyoming, and the District of Columbia can trade these assets directly through their Kraken accounts. This marks the start of a nationwide rollout of the service, with plans to open it to customers in other U.S. states soon.
The exchange aims to integrate traditional financial products such as stocks and ETFs with digital assets, providing users with a seamless trading experience across multiple asset classes. The Kraken platform will allow customers to centrally manage stocks, cryptocurrencies, cash, and stablecoins. In addition, Kraken offers fractional stock trading, making it easier for users to invest in high-priced stocks.
Kraken’s entry into the stock market comes as it increasingly focuses on building an all-in-one platform for traders. Kraken co-CEO Arjun Sethi noted that cryptocurrencies are becoming an integral part of trading across a variety of assets such as stocks, commodities, and currencies. The company believes that future trading will be built on blockchain technology, creating a more convenient, borderless trading experience.
Kraken’s launch comes at a time when the regulatory environment is favorable. In March 2025, the U.S. Securities and Exchange Commission (SEC) withdrew its enforcement action against Kraken and other major cryptocurrency companies. Kraken also made headlines for its $1.5 billion acquisition of futures trading platform NinjaTrader. The company also confirmed plans to go public, but has not yet announced a specific timeline.
Kraken’s stock and ETF products are supported by Kraken Securities, which is regulated by the Financial Industry Regulatory Authority (FINRA). The service includes features such as easy reinvestment, which allows users to invest in new stocks or cryptocurrencies immediately after selling assets. This streamlined approach eliminates the need to use multiple trading platforms, which increases efficiency for users.
Currently, the service is only available to users in select states in the United States, but Kraken plans to expand to international markets such as the United Kingdom, Europe, and Australia. Kraken is positioned to bridge the gap between cryptocurrency and traditional finance, meeting the growing demand for digital assets and allowing users to trade seamlessly between the two markets.
Kraken’s move into traditional finance comes as the cryptocurrency market matures, with more and more financial services combining cryptocurrencies with traditional products. This shift is part of Kraken’s broader strategy to lead the integration of cryptocurrency and traditional financial markets.
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