The American crypto -rope Kraken began to offer customers access to promotions and exchange funds (ETF), which is in the United States. The platform team said that it is betting on the integration of cryptocurrencies and traditional assets, tokenization and the creation of a unified trade infrastructure, writes RBC Crypto.
Kraken is an American crypto -rope founded in 2011. It takes sixth place in the Coingecko rating in reliability, 392 cryptocurrencies and 973 trading couples are presented on the platform. The volume of trading on Kraken over the past day amounted to $ 912 million.
US exchange customers can now invest in promotions and ETF along with cryptocurrency and stablecoins. At the moment, the site supports more than 11 thousand securities. The commission for trading shares is not charged.
The service gives access to trading securities on NYSE, NASDAQ, AMEX and other exchanges. Orders can be placed around the clock, but if the order for shares is placed in non -working time for stock exchanges, it will be put in line and executed at the beginning of the next trading session.
Users from 10 states (New Jersey, Connecticut, Weiming, Oklahoma, Idaho, Iowa, Rhizda, Kentukki, Alabama and the District of Colombia) can trade promotions and ETF directly from their Kraken account since April 14. The implementation of the program will take place in stages, later such an opportunity will open for customers from other states.
This is the first step of Kraken outside the crypto. The press release says that the exchange adds classical financial instruments and prepares access to the markets of Great Britain, Europe and Australia.
The securities trading service was developed by Kraken Securities – the Kraken unit, controlled by the US Financial Services Regulation Service (Finra). The key features of the offer on the exchange are the availability of fractional investments (you can buy a share of shares) and a simplified interface that allows you to manage securities and cryptocurrencies on one platform.
The report said that entering the market of traditional assets has become the result of rethinking access to investment for customers and this is a natural step in the exchange that paves the way to the tokenization of assets.
“Cryptocurrencies are not just developing, they become the basis for trading in various classes of assets, such as shares, raw materials and currency. As the demand for round -the -clock global access, customers want to get a convenient complex trade experience, ”said the co -controllers of Kraken Arjun Network.
The tokenization of the real world assets (Real World Assets, RWA) is the market sector, the prospects of which were appreciated by the largest participants in the industry. So, BlackRock believes that if all securities and other assets are toxenize, this will revolutionize investment. The largest asset management company has already launched the Build platform, which is tocenize US government bonds. In November 2024, the USDT Steabelcoin issuer, Tether, introduced its own Hadron platform for the tokenization of “anything”.
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Source: Cryptocurrency
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