Kraken Unites US Stocks and Crypto in Europe-Here’s the Twist

TLDR

• Kraken has launched trading in more than 7,000 US-listed stocks for eligible customers across the European Economic Area.
• The new service operates under MiFID II through Kraken’s CySEC-licensed European entity.
• EEA customers can access US equities through Kraken Pro, the Kraken mobile app and web platforms.
• Kraken now combines US stocks with 600+ crypto assets and more than 700 xStocks on one platform.
• xStocks are tokenized versions of US-listed equities that are fully collateralized and backed 1:1 by underlying shares.

Kraken has launched trading in U.S.-listed stocks for eligible customers across the European Economic Area, expanding its platform beyond digital assets. The service gives EEA users access to thousands of U.S. equities through Kraken’s mobile and web platforms.

The launch adds traditional shares to a platform that already offers crypto assets and tokenized stocks. Kraken said eligible customers can now manage asset types from one account without moving funds between separate providers.

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