Kraken expands beyond crypto with commission-free trading launch
(Reuters) -Kraken, one of the world's largest cryptocurrency exchanges, began a phased national rollout of commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds on Monday, marking its latest move to expand across asset classes. Crypto firms such as Kraken are looking to expand their businesses to traditional financial spaces on the back of U.S. President Donald Trump's promise of a more industry-friendly regulation. Kraken users will be able to trade stocks and ETFs in some U.S. states, including New Jersey, Connecticut, Wyoming and Oklahoma, starting Monday.