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U.S.-based crypto exchange Kraken plans to offer trading in US-listed stocks and exchange-traded funds, according to a source familiar with the matter as cited by Bloomberg. The initiative will be spearheaded by a newly established division, Kraken Securities.
According to the reporting, Kraken has already obtained necessary regulatory permits in the U.K., and is in the process of obtaining a broker-dealer license from the US Financial Industry Regulatory Authority.
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