Kraken is looking for a fight (and it has Robinhood in its sights)

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What do you do if you happen to’re a crypto trade and your transaction income fully drops throughout a bear market?

You discover a lifeboat earlier than your crypto ship turns into the Titanic.

Within the case of the Kraken trade, it is increasing its providing to permit the commerce of US listed shares and ETFs.

The sport plan?

Roll out the brand new buying and selling performance within the US and UK first by means of its newly shaped Kraken Securities division in 2024.

Our ideas?

First off, this units the stage for a face-off with Robinhood, the OG inventory and crypto buying and selling platform – and actually, we’re right here for the competitors.

Bear in mind how Robinhood dealt with the entire GameStop saga? Not nice.

Second, in an period when corporations are consistently leaving the US because of the crippling lack of regulatory readability, it is refreshing to see an enormous participant within the house not solely stick it out, however proceed to construct.

We give this two thumbs up, one chef’s kiss and a “molto bene.”