Bloomberg: Cryptocurrency exchange Kraken plans to launch trading services for U.S. listed stocks and ETFs in 2024

ChainCatcher news, according to Bloomberg, the cryptocurrency exchange Kraken plans to launch trading services for U.S. listed stocks and ETFs in 2024, venturing into businesses outside the crypto space.

According to an anonymous source, Kraken will initially offer the aforementioned trading through a new division called Kraken Securities in the U.S. and the U.K. It is reported that the company has obtained the necessary regulatory licenses in the U.K. and has applied for a broker-dealer license with the U.S. Financial Industry Regulatory Authority.