This new trading service is made possible through a partnership with Alpaca, a licensed broker-dealer, ensuring compliance with FINRA regulations.

The platform has introduced fractional trading for over half of its listed assets, allowing clients to purchase less than one full share of high-priced stocks.

This initiative enables clients to manage stocks, cryptocurrencies, cash, and stablecoins all in one location, facilitating cross-investing opportunities.

Kraken's CEO, Jesse Powell, emphasized the importance of providing users with seamless access to both crypto and traditional assets, enhancing trading flexibility.

Kraken's expansion into stock trading is a response to favorable regulatory conditions following recent promises of more industry-friendly regulations.

Kraken's entry into stock trading positions it as a disruptive force in the market, currently ranked 13th among centralized exchanges by trading volume.

On April 14, 2025, Kraken launched stock and ETF trading for U.S. users, marking a significant expansion beyond its cryptocurrency roots.

Initially, the stock trading feature is available in ten states, including New Jersey, Connecticut, and Alabama, with plans for a phased rollout to other U.S. states and international markets such as the U.K., Europe, and Australia.

The launch follows a significant drop in the stock market, with the S&P 500 losing $5 trillion in market capitalization earlier in April 2025.

Co-CEO Arjun Sethi highlighted the need for 24/7 access to diverse assets on a single platform, similar to offerings from Robinhood.

The new trading service is offered through Kraken Securities, a FINRA-regulated entity, marking Kraken as one of the few crypto-native companies to provide traditional asset trading alongside digital assets.

This commission-free trading initiative is part of Kraken's strategy to diversify its offerings and increase competitiveness in the financial services landscape.