“Kraken” company, after years of providing cryptocurrency trading services…plans to provide stock trading services
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer “Kraken” company, after years of providing cryptocurrency trading services…plans to provide stock trading services
According to CEO Jesse Powell, crypto exchange Kraken has plans to venture into traditional banking.
During a recent interview on CNBC, Powell said the company is on track to offer stock trading and even “micro credits” over the long term, adding:
We are getting more into traditional services like stock trading, banking…and maybe even micro-credit.
Powell added that traditional funding would not be a priority for the cryptocurrency exchange.
Founded in 2011, Kraken continues to be one of the largest cryptocurrency trading platforms.
The company plans to go public sometime in 2022 or later after reaching a valuation of more than $10 billion.Read:Report: 2019 Crypto Industry Scams At $3.1 Billion
In June, Coinbase launched its stock trading app in the USA.
Earlier today, San Francisco-based trading platform Kraken announced that it will add support for the Shiba Inu cryptocurrency, following in the footsteps of its larger competitors.Read:What you need to know about scams targeting XRP holders
Coinbase Acquires an AI Startup to Improve Customer Service
The Saudi British Bank launches a dollar settlement service using the Ripple system for companies
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time