https://www.reuters.com/markets/currencies/crypto-exchange-kraken-offer-us-listed-stocks-trading-bloomberg-news-2023-09-27/

Kraken Will Be The Next Robinhood?

By KMatt | Blogging Crypto | 28 Sep 2023



The Kraken exchange, one of the "oldest" platforms in the crypto industry (for 12 years), having survived several bear markets, and always among the top exchanges in terms of innovation and popularity, has announced that it will open to the trading of listed shares USA.

The article published by Bloomberg communicates that Kraken will probably start from the USA and UK from 2024 (countries where the CEX should have the necessary regulatory permits, through a request filed with the Financial Conduct Authority (FCA) and the application for a broker-dealer license in the USA).

It is desirable to think that behind the reasons for this choice there are the collapses of FTX and Celsius, perhaps also the current war between Binance.Us and the SEC, which pushed it to expand its business.

It won't be easy considering the countless competitors including Robinhood which has "zero" commissions, but it is still an interesting choice that could lead crypto customers to invest in a "new" sector.

The interested user will find a single wallet that can be used for both cryptocurrencies, shares and other products.

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KMatt
KMatt

Welcome to my blog <3 I love playing videogames, interested in crypto, support #lgbtqi+ and human rights


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