Share this article
Kraken Now Offers U.S. Stock, ETF Trading as it Preps for Possible IPO
Clients in 10 states will now be able to trade stocks and crypto from one platform.
Updated Apr 14, 2025, 7:46 p.m. Published Apr 14, 2025, 3:24 p.m.
What to know:
- Kraken now lets some users trade U.S. stocks and ETFs commission-free, alongside crypto, from one account.
- The rollout begins in 10 states, with plans to expand across the U.S. and into Europe, the U.K. and Australia.
- The move puts Kraken in direct competition with Robinhood and advances its push toward asset tokenization.
Crypto exchange Kraken has begun offering commission-free trading for U.S.-listed stocks and exchange-traded funds (ETFs), opening access to traditional financial markets from within the same platform it uses for cryptocurrencies and positioning itself to compete more directly with platforms like Robinhood (HOOD).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The move expands Kraken's business as a growing list of U.S. crypto companies aiming to go public on U.S. exchanges — joining the likes of Coinbase (COIN), Marathon Digital (MARA), and Bitdeer (BTDR), among others.
The Kraken stock trading rollout begins in 10 U.S. jurisdictions including New Jersey, Connecticut and Alabama, with plans to expand access across the country and to international markets such as the U.K., Europe and Australia. Clients in these states can now buy and sell equities directly through their Kraken account using the mobile app, Kraken Pro or web interface.
“Crypto isn’t just evolving, it’s becoming the backbone for trading across asset classes, such as equities, commodities and currencies," said Kraken’s co-CEO Arjun Sethi in a statement. "As demand for 24/7 global access grows, clients want a seamless, all-in-one trading experience.”
“Expanding into equities is a natural step for us, and paves the way for the tokenization of assets,” he continued.
This move makes Kraken one of the few crypto-native companies to offer traditional asset trading alongside digital assets under a single account.
The new product is offered through Kraken Securities, a FINRA-regulated entity focused on equities. By consolidating crypto and traditional finance tools, Kraken is positioning itself to compete more directly with platforms like Robinhood and Public that already cater to multi-asset investors.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul
The bitcoin miner extended maturities, reduced coupon costs and strengthened its capital structure.
What to know:
- IREN completed a refinancing deal involving a $2.3 billion convertible senior notes offering and a $544.3 million repurchase of existing notes.
- The new notes include $1 billion of 0.25% notes due 2032, $1 billion of 1% notes due 2033, and a $300 million greenshoe allotment.
- The transactions provided $2.27 billion in net proceeds, reduced IREN's cash coupon burden, and extended its debt maturity profile.
Top Stories
