{"id":61244,"date":"2022-05-10T16:47:46","date_gmt":"2022-05-10T13:47:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61244"},"modified":"2025-09-05T11:02:48","modified_gmt":"2025-09-05T08:02:48","slug":"kraken-to-study-offering-traditional-securities","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kraken-to-study-offering-traditional-securities\/","title":{"rendered":"Kraken to study offering traditional securities"},"content":{"rendered":"<p>The Kraken exchange is considering offering stocks to clients alongside digital assets and NFTs. This was disclosed by Chief Executive Jesse Powell in an interview with <a href=\"https:\/\/decrypt.co\/99890\/kraken-explores-adding-stocks-as-part-of-super-wallet-ceo-jesse-powell\">Decrypt<\/a>.<\/p>\n<p>According to Powell, cryptocurrency brokers are moving toward creating \u201csuper wallets\u201d that will enable consumers to conduct transactions across all assets, including traditional ones.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI think you will see all of these exchanges converge on a similar feature set, a kind of super-wallet \u2014 an omni-product app with NFT, spot and fiat markets, perhaps stock trading and even more extreme variations of cryptocurrencies. We have already said that we are exploring stocks, and I think it makes sense to do so,\u201d Powell said.<\/p>\n<\/blockquote>\n<p>Powell noted that competition in the crypto industry has intensified as many new players have entered the market. That said, he does not believe this will affect Kraken&#8217;s trading fees, which are the company&#8217;s largest source of revenue.<\/p>\n<p>The head of the exchange stressed that many customers are \u201crelatively insensitive\u201d to fees, and therefore, \u201cin the end, it all comes down to UX and the ability to do what you want in one app.\u201d<\/p>\n<p>In May, Kraken <a href=\"https:\/\/u1f987.com\/en\/news\/kraken-opens-waitlist-for-its-own-nft-marketplace\">opened a waitlist<\/a> for its own NFT marketplace.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kraken exchange is considering offering stocks to clients, alongside digital assets and NFTs. This was stated by Chief Executive Jesse Powell.<\/p>\n","protected":false},"author":1,"featured_media":61245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,193],"class_list":["post-61244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-kraken"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61244"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61244\/revisions"}],"predecessor-version":[{"id":61246,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61244\/revisions\/61246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61245"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}