Kraken has made a significant move into traditional finance, launching commission-free stock trading services for over 11,000 US stocks and ETFs. The platform’s expansion marks its entry into the world of equity markets, aiming to create a seamless experience for both crypto and traditional investors. This new service integrates Kraken’s existing crypto trading capabilities with traditional stock market offerings. Users can now seamlessly trade equities and cryptocurrencies within a single platform, similar to competitors like Robinhood. 10 States Initially Open 10 states including New Jersey, Connecticut, and Wyoming were chosen as the initial launch locations for this service, offering fractional share investments and expanded accessibility for digital and traditional assets. Kraken’s ambitions extend beyond just launching a new service. CEO Arjun Sethi envisions a future where crypto becomes the backbone of global trading, and believes this move will pave the way for asset tokenization to gain further traction. This expansion follows a broader trend observed in the cryptocurrency industry – a push towards integrating traditional financial services with blockchain technology. Experts anticipate that Kraken’s introduction of commission-free stock trading could accelerate the adoption of crypto technologies for international investments, potentially leading to more exchanges following suit.