Crypto Exchange Kraken Plans to Offer Stock Trading in US and UK

As reported by Bloomberg, US crypto exchange Kraken plans to offer stock and ETF trading services in the UK and the US. This would be the first time that Kraken explores the TradFi space.

According to a person familiar with the matter, Kraken is going to offer the service as soon as 2024 via a new division called Kraken Securities, which has obtained regulatory permits in the UK but hasn't been approved in the US.

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