Kraken has opened commission-free U.S. stock trading to eligible customers across the European Economic Area. The rollout combines traditional equities, tokenized stocks and crypto assets within one regulated account.
Key Takeaways
Eligible EEA customers can trade more than 7,000 U.S. stocks.Kraken offers traditional shares and xStocks within one account.Tokenized equities add transfers and trading beyond market hours.Trading is available through Kraken Pro on desktop and mobile devices, as well as the standard Kraken mobile application. Eligible customers pay no trading commissions, although other charges may apply, and geographic, account and product restrictions remain relevant.
Mark Greenberg, chief commercial officer of Payward and head of Payward Services, said:
“This launch eliminates the artificial divide between traditional and tokenized formats of the same asset.”
“With US-listed stocks and xStocks available side-by-side in a single regulated account, customers can choose how they access the same underlying exposure (whether through traditional shares or tokenized representation) without moving capital or changing platforms,” he noted.
MiFID Authorization Covers the Equities Service Traditional Shares and xStocks Offer Different Structures Coinbase and US Regulators Pursue Tokenized MarketsCoinbase previously opened conventional U.S. stock and ETF trading to eligible American customers, offering more than 8,000 securities through a separate brokerage structure. That rollout provides 24/5 trading, fractional purchases and stock management alongside cryptocurrency holdings.
