Crypto Exchange Kraken has begun to offer commission -free trade for US listed shares and exchange -traded funds (ETFs), open access to traditional financial markets within the same platform it uses for cryptocurrencies and place itself to compete more directly with platforms like Robinhood (Hood).

The move is expanding Kraken’s business as a growing list of US cryptic companies aimed at publishing US exchanges – including as Coinbase (Coin), Marathon Digital (Mara) and Bitdeer (BTDR).

The Kraken Aktion Trading Development begins in 10 US jurisdictions, including New Jersey, Connecticut and Alabama, with plans to expand access across the country and to international markets such as UK, Europe and Australia. Customers in these states can now buy and sell shares directly through their Kraken account using the mobile app, Kraken Pro or web interface.

“Crypto does not just develop, it becomes the backbone of trading across asset classes, such as stocks, raw materials and currencies,” Kraken’s Co-Ceo Arjun Sethi said in a statement. “As demand for 24/7 global access grows, clients want a trouble-free, all-in-one trading experience.”

“Extension to shares is a natural step for us and paves the way for tokenization of assets,” he continued.

This step makes Kraken one of the few crypto-native companies to offer traditional asset trading with digital assets under a single account.

The new product is offered through Kraken Securities, a Finra-regulated unit with a focus on shares. By consolidating crypto and traditional financing tools, Kraken places itself to compete more directly with platforms such as Robinhood and Public, which already meets multi-actors.

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