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Kraken Breaks Wall Street Barrier—Now Trading US Stocks Alongside Crypto
Kraken Breaks Wall Street Barrier—Now Trading US Stocks Alongside Crypto
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Kraken just bulldozed the line between crypto and traditional finance. Partnering with broker-dealer Alpaca, the exchange now lets users trade US stocks and ETFs—no clunky legacy brokerage account required.
Wall Street’s old guard won’t like this one bit. Suddenly, your Bitcoin gains can pivot straight into Tesla or SPY without jumping through hoops. The ’not your keys, not your coins’ crowd might grumble—but let’s be real, most investors just want exposure without the paperwork.
One catch? You’ll still need to trust a centralized platform—ironic for an industry built on ’banking the unbanked.’ But hey, at least the 0.9% FX fees are cheaper than your average hedge fund’s yacht maintenance bill.
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