Kraken opens US equities to European customers
Tech & Launches ·
Kraken has switched on access to United States stock trading for eligible customers across the European Economic Area, folding traditional equities into its existing crypto lineup.
Under the rollout, EEA users can now reach more than 7,000 US-listed stocks through the exchange, positioned next to the platform's existing roster of over 600 crypto assets, according to The Block. The expansion also carries over Kraken's tokenized stock product, xStocks, which now spans more than 700 instruments available to the same customer base.
The move extends a push that Kraken has been building for some time: pairing conventional brokerage-style access with its crypto trading stack so that a single account can cover spot crypto, tokenized equities, and now direct US shares. For European users, that means one platform handling both a bitcoin trade and a purchase of a US-listed company's stock, without needing a separate brokerage relationship in the United States.
A second report in the same cluster corroborates the geographic scope of the launch, describing it specifically as an extension of US stock trading access to European Economic Area customers, aligning with the figures cited by The Block.
The launch lands amid a broader stretch of product and corporate moves at Kraken. The company has also opened spot trading for Quai Network, introduced a gamified rewards system called Ink Points with a Season 1 rollout, and struck an acquisition agreement for Magic Labs' embedded wallet unit, which has created over 60 million wallets. Separately, Kraken secured a Fed master account and saw Deutsche Börse take a $200 million stake in the company at a $13.3 billion valuation, even as the exchange also disclosed an extortion attempt that it said left no systems breached and client funds intact.
What remains unspecified is the exact eligibility criteria for EEA customers, the fee structure attached to the new US stock offering, and whether additional markets outside the EEA will get similar access. It is also unclear how the new equities offering will interact with Kraken's existing xStocks tokenized product from a regulatory standpoint, or whether other exchanges will move to match the expanded reach into traditional US shares.