Kraken has partnered with financial API platform Alpaca to offer stocks and ETFs trading in some U.S. states. The phased roll-out features commission-free trading for over 11,000 U.S. listed stocks and ETFs. Kraken’s expansion comes amid high expectations of Trump’s promise of crypto-friendly regulations. The San Fransisco-based crypto exchange plans to expand stock trading to key international markets, including the UK, Europe, and Australia. Kraken’s partnership with Alpaca will enable clients to manage both stocks and cryptocurrencies on one platform, allowing them to cross-invest. This move is part of a strategy used by technology firms and crypto companies to gain credibility with customers.
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