Source: KrakenThe exchange plans to continue expanding access to clients in other US states, marking the first part of a “phased national rollout.”Related: Trump’s tariff escalation exposes ‘deeper fractures’ in global financial systemBoth traditional and cryptocurrency investor sentiment took a significant hit after US President Donald Trump’s reciprocal import tariff announcement on April 2.
Related: 70% chance of crypto bottoming before June amid trade fears: NansenCrypto is “becoming the backbone for trading”Kraken’s expansion into traditional investment products signals the growing utility of cryptocurrencies and blockchain technology, according to Arjun Sethi, co-CEO of Kraken.“Crypto isn’t just evolving, it’s becoming the backbone for trading across asset classes, such as equities, commodities and currencies.
As demand for 24/7 global access grows, clients want a seamless, all-in-one trading experience.” Sethi added that expanding into traditional equities is a “natural step” toward the tokenization of real-world assets and the “borderless” future of trading built on blockchain rails.
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Author / Journalist: Cointelegraph by Zoltan Vardai
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