US Crypto Exchange Kraken Launches Stock and ETF Trading

by shayaan

Kraken has started offering shares and listed fund trade in certain US states and the district of Columbia, the company announced On Monday, adding traditional financial products added to the core of the core of the core trade.

Kraken in San Francisco, California, said that trade for US shares is free and would eventually be available to all American investors.

More than 11,000 shares and ETFs that act on the NYSE, Nasdaq, American fairs and others are available on the platform, said Kraken.

ETFs are popular investment vehicles that expose investors to assets through shares that act on fairs.

“As the demand for 24/7 worldwide access grows, customers want a seamless, all-in-one trade experience,” said Kraken Co-CEO Arjun Sethi in a statement. “Expanding to shares is a natural step for us and paves the way for the tokenization of assets.”

In recent weeks, Kraken has had a revival in the midst of the more crypto-friendly policy of the Trump government.

Last month, The SEC has rejected enforcement actions against cracking and other large stock markets, which together submit provisions To drop the cases with prejudice, to make the decisions final and not to be restored. Earlier in March, Kraken announced An acquisition of $ 1.5 billion from Futures Trading Platform Ninjatrader.

The exchange also in March confirmed Unpleasant Decrypt That it was planning to become public, but would not reveal a timeline.

For now, only customers in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama and Washington, DC shares and ETFs can trade on cracking.

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The stock market added that it is planning to make securities trade available to British, Australian and European customers.

Kraken is one of the world’s earliest bitcoin exchanges and offers trade in most major digital assets. Coingecko data shows that more than $ 1 billion has been traded on his platform in the last 24 hours.

Crypto-oriented and traditional financing companies have performed their products and services to meet the growing demand for investors for digital assets.

Edited by James Rubin

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