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Kraken Launches Commission-Free Stock and ETF Trading in Strategic Expansion

The phased rollout across select U.S. states marks Kraken's shift toward integrating traditional finance with crypto services.

  • Kraken has launched commission-free trading for over 11,000 U.S.-listed stocks and ETFs, starting in states like New Jersey, Connecticut, Wyoming, and Oklahoma.
  • This move is part of Kraken's broader strategy to become a full-service trading platform, blending traditional finance and cryptocurrency offerings.
  • The company plans to expand these services to additional U.S. states and key international markets, including the UK, Europe, and Australia.
  • Kraken is leveraging blockchain technology to drive the tokenization of traditional asset classes, aiming for seamless cross-asset trading.
  • The expansion follows Kraken's $1.5 billion acquisition of NinjaTrader, reinforcing its commitment to bridging traditional and digital finance.
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