Kraken Offers US Securities Through Strategic Partnership with Alpaca
NEW YORK--(BUSINESS WIRE)-- Kraken, one of the world's most trusted and longest-standing cryptocurrency platforms with more than 15 million global clients, now offers US securities to US-residing clients. By expanding their product offering, Kraken continues to bridge the gap between digital and traditional assets– furthering their position as an institutional grade, multi-asset-class trading platform.
'We are excited to work with Alpaca to bring US equities to our clients,' said Nick LaMaina, Managing Director of Kraken.
Kraken has launched this new asset class through a strategic partnership with Alpaca – an API-first brokerage platform and self-clearing broker-dealer for stocks, ETFs, and options who serves hundreds of financial services and millions of brokerage accounts around the world.
Through this partnership, Kraken is offering its users access to a large and diverse investable asset universe, combining their best-in-class crypto platform of more than 300 digital assets and 6 different fiat currencies with over 11,000 stocks and ETFs. Kraken's recent acquisition of NinjaTrader, a futures trading platform, shows their commitment in providing more investment opportunities to their clients.
'We are excited to work with Alpaca to bring US equities to our clients,' said Nick LaMaina, Managing Director of Kraken. 'This collaboration accelerates Kraken's vision of combining traditional and digital asset classes into one platform, enhancing the user experience of both new and sophisticated traders while maintaining the highest standards of trust and security.'
Alpaca's Broker API empowers global partners, like Kraken, with notional and fractional orders, low-latency trade execution, and its self-clearing platform to deliver equities trading commission-free.
'We're excited to congratulate Kraken on their incredible milestone to offer US securities. Their forward-thinking approach to combine multiple asset types into one consolidated platform shows how dedicated they remain to serving the needs of their global customer base, and we're thrilled to be a part of their journey,' said Yoshi Yokokawa, CEO & Co-Founder of Alpaca.
As Kraken looks ahead, they will continue to explore adding more traditional asset classes, like options, and how they can offer this around the world.
About Alpaca
Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options, and crypto– raising over USD170 million in funding. Alpaca is backed by top-tier investors globally, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator. For more information, please visit: alpaca.markets
About Kraken
Kraken is one of the world's largest digital asset exchanges and the leader in euro volume and liquidity. Globally, Kraken's client base trades more than 300 digital assets and 6 different fiat currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Kraken was founded in 2011 and was one of the first exchanges to offer spot trading with margin, regulated derivatives and index services. Kraken is trusted by well over 15 million traders and institutions around the world and offers professional, round the clock online support. For more information, please visit www.kraken.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
10 minutes ago
- Business Wire
ELEV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Elevation Oncology, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Elevation Oncology, Inc. (NASDAQ: ELEV) to Concentra Biosciences, LLC is fair to Elevation shareholders. Under the terms of the proposed transaction, Elevation shareholders will receive $0.36 in cash per share, plus one non-tradeable contingent value right representing the right to receive: (i) 100% of the closing net cash in excess of $26.4 million; and (ii) 80% of any net proceeds received within five years following closing from any disposition of EO-1022 that occurs within one year following closing. Halper Sadeh encourages Elevation shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@ or zhalper@ The investigation concerns whether Elevation and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Elevation shareholders; (2) determine whether Concentra is underpaying for Elevation; and (3) disclose all material information necessary for Elevation shareholders to adequately assess and value the merger consideration. On behalf of Elevation shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome.
Yahoo
14 minutes ago
- Yahoo
Total Expert Announces Voice AI Sales Assistant Purpose Built for Mortgage Lending
Agentic technology helps lenders scale growth and improve customer retention by boosting engagements, conversions, and productivity MINNEAPOLIS, June 09, 2025--(BUSINESS WIRE)--Total Expert, the FinServ leader in customer engagement software, today announced the debut of its AI Sales Assistant at The Gathering by HousingWire. The new AI-powered assistant is already in private beta with select customers, including several top 10 lenders. Human Like Conversations via Voice/SMS The AI Sales Assistant is not a chatbot retrofitted for financial services—it is an enterprise-grade, agentic AI system, capable of scalable intelligent human-like conversations across voice and SMS. "With over 1.5 million mortgage-specific human-like voice calls successfully completed, the technology has far exceeded everyone's expectations on the impact AI can have," said Joe Welu, Chief Executive Officer at Total Expert. "We believe AI should supercharge people like loan officers who are considered trusted advisors, by keeping the human in the loop in the key moments of the customer journey—like when a borrower is ready to start talking about specific loan options. Many of the other lower-value sales tasks, like following up with cold leads, can and should be handled by an AI sales assistant—allowing them to reach levels of productivity they never considered possible." Unlike most technology vendors that are racing to splash AI onto everything without clear ROI, Total Expert has taken a more deliberate and thoughtful approach to AI by focusing on going deep into important workflows across the customer journey and indexing on the most important business outcomes. AI That Works for Lending Core capabilities of the AI Sales Assistant include: Proactive, timely outreach triggered by borrower intent signals Initiating and following up with prospects through high-quality and brand-aligned voice conversations Voice-based engagement aligned with lender brand standards Capturing key borrower data, including goals and application details Completing handoffs and updates CRM systems with full conversation context Compliant-aware communication with full audit trails and secure encryption With the assistant handling repetitive outreach and qualification tasks, loan officers are freed to focus on what matters most: building relationships and closing applications. Enterprise-Grade Compliance and Data Integrity Total Expert's AI Sales Assistant is built on a foundation of trust, privacy, and control: Independent training for LLMs that never uses customer data Continuous independent training models, meeting FinServ Data Security Standards Encryption at rest and in transit Awareness and perspective for TCPA, and other mortgage-specific regulations Full auditability for communication tracking "We don't bolt on compliance after the fact," said Welu. "We build it in—so lenders can innovate without risking trust or regulatory exposure." Early Results and What's Ahead Currently in private beta with select institutions, the AI Sales Assistant is already driving unprecedented surges in productivity and conversion rates in early use through: Increased speed-to-lead and engagement rates Refined cadence for follow-ups that are often missed or delayed Better-qualified borrowers reaching loan officers at the right moment Higher conversion on lower quality leads The assistant is designed to evolve through real-world use and feedback, enabling lenders to refine agent behavior to align with their unique brand, regulatory guidelines, and sales strategies. See It in Action Total Expert will be showcasing AI Sales Assistant at HousingWire: The Gathering, June 8-11, offering live demos for lenders looking to gain an edge in today's competitive market. To learn more or request a private demo, visit About Total Expert Total Expert is the purpose-built customer engagement platform trusted by more than 200 financial enterprises. Total Expert unifies data, marketing, sales, and compliance solutions to deliver the perfect customer journey across every financial milestone—in any market. Total Expert turns customer insights into actions that increase loyalty and drive growth for modern banks, lenders, credit unions, and insurance companies. View source version on Contacts MEDIA CONTACT Allison
Business Wire
21 minutes ago
- Business Wire
RP1 Launches the World's First Metaverse Browser
LONG BEACH, Calif.--(BUSINESS WIRE)--The world is on the brink of the most significant software transition since the advent of the web browser. Today, we browse flat websites on handheld screens. Tomorrow, we'll browse 3D spatial content blended with the real world through AR and VR devices. The browser becomes a gateway to the first open ecosystem for 3D content. In the future, businesses won't just have websites; they'll have interactive, 3D locations where AI greets customers, guides them to products, and powers everything from employee training to inventory. This transformation will revolutionize every industry. Share Today, RP1, a leader in spatial computing software and infrastructure, unveils the world's first Metaverse Browser and ground-breaking technologies to deliver on that vision. The future of the spatial internet will consist of persistent 3D content and millions of real-time, third-party services. This monumental technology shift will dramatically transform how people interact and businesses operate. In the future, businesses won't just have websites; they'll have interactive, 3D locations where AI greets customers, guides them to products, and powers everything from employee training to inventory. This transformation will revolutionize every industry from retail and hotels to hospitals, airports, and schools. 'No single company will own the infrastructure of the metaverse — it must be open,' said Sean Mann, Co-Founder and CEO of RP1. 'RP1 lets developers and businesses build and deploy spatial software on their own server infrastructure, with full ownership and control while remaining instantly discoverable and accessible across devices — no pre-compiled app downloads or installations are required, just like web browsing. Anyone can experience it now at Major players — Apple, Meta, Google, Samsung — are racing to develop AR glasses that will eventually replace smartphones. But while these companies are having trouble solving for today's needs, RP1 is solving for what comes next: a truly open, spatial internet made of millions of real-time, interconnected services. Any individual or company will be able to experience and build spaces or services freely with third-party tools, as opposed to other walled garden 3D platforms. 'Current browsers like Chrome and Safari were not designed for immersive, real-time 3D content and services for AR glasses,' added Mann. 'RP1's 3D Browser is built for a world of real-time, volumetric, spatial experiences. It connects the entire global population with 3D content inside a single, persistent XR ecosystem — across virtual and physical locations spanning education, commerce, entertainment, digital twins, smart cities, work, transportation, and even space exploration.' This marks the first real software foundation for the spatial internet, featuring industry-first technologies. Breakthrough Innovations Behind RP1's Metaverse Browser: Unprecedented Scalability to connect the entire world's population (vs. 40 users per instance/server in current 3D platforms like Roblox or Meta Horizon Worlds) in a single unsharded architecture with full spatial audio and 6DOF, making it seamless to connect with anyone, at any time, and with any content. Unlimited Map that includes a fully-continuous, 1:1 scale digital twin of Earth, our solar system, and the farthest reaches of the universe, for frictionless discovery and navigation of augmented and virtual spatial content. Real-time API that enables any real-time third-party service, including AI, payments, games, and businesses (stores, hotels, etc.) to easily connect to the 3D browser across both augmented and virtual environments. Decentralized Hosting for businesses to run their own worlds and services on their own servers, not inside a closed platform like Roblox or Meta. 'I'm excited about the first metaverse browser solution that creates an open and scalable XR ecosystem. Like Chrome for websites, it has the potential to remove friction/limitations for studios, brands and agencies looking to activate inside the XR and UGC gaming space. It's early days but the RP1 point of view is fresh, bold and unique.' added Nic Hill, Co-Founder & Chief Innovation Officer at Sawhorse. With RP1, the spatial internet isn't a concept — it's here. And it's open for everyone on all devices. Check out the RP1 Demo at AWE, Booth #528. For detailed information about these revolutionary technologies, visit About RP1 RP1 is a pioneer in the technology industry, shaping the future of the spatial internet. RP1's mission is to connect the world's population with innovative technologies that bring us closer, and enhance our daily lives with immersive experiences. Its proprietary real-time networking and Statabase technologies allow users to experience immersive 3D environments streamed instantly to any device. With open protocols and web-like infrastructure, RP1 empowers creators, developers, and businesses to build spatial applications that work like the web - frictionless, open, and scalable to billions. RP1 was named 'Innovation of the Year' at the WebXR Awards 2023 by the Poly Awards, and a multi-award finalist at the VR Awards 2024.
