Kraken Partners With Alpaca To Expand Crypto Trading To Financial Institutions
Cryptocurrency exchange Kraken on Monday announced a strategic partnership with Alpaca, a brokerage infrastructure API and self-clearing broker-dealer offering equities, options, fixed income, and crypto trading. Through this collaboration, Alpaca expanded its managed crypto spot and derivatives trading capabilities by including Kraken Embed, Kraken’s Crypto-as-a-Service (CaaS) solution. Read: Kraken To Purchase NinjaTrader For $1.5 Billion, Entering United States Crypto Futures Market In 2025 Brett McLain, Head of Payments and Blockchain at Kraken said that with Kraken Embed, financial organizations could provide compliant end-to-end crypto solutions without the hassle of managing complex infrastructure, making it faster and easier to meet growing user demand.
Kraken’s liquidity and global network of regulatory licenses provide Alpaca’s partners with access to robust markets and efficient execution, the company stated. Integrated with Alpaca’s regulatory licensing and infrastructure, the partnership offers a full-service solution for multi-asset trading that allows customers to integrate equities and crypto into their apps with minimal engineering effort. Speculate on price movements, claim up to $200 in rewards, and start with secure paper trading with crypto futures on Plus500.
This partnership is currently live in the United States and plans to expand to Canada, the European Union, and the United Kingdom in the future. The roadmap also includes additional offerings, such as staking and crypto derivatives, supporting the needs of a growing user base for cryptocurrencies. Kraken, legally registered as Payward Inc., is reportedly preparing to go public via an initial public offering as early as the first quarter of next year. The company’s revenue more than doubled in 2024, reaching $1.5 billion, with adjusted earnings of $380 million. Since its inception in 2011, Kraken has raised approximately $27 million in primary funding.
Under the Trump administration, the regulatory environment has shifted, creating new opportunities for crypto firms. Read Next: Kraken To Launch 24/7 Tokenized Stock Trading For Global Users Via Solana Image Courtesy: alfernec via Shutterstock Stock Score Locked: Edge Members Only Benzinga Ratings provide you with essential metrics on any stock– anytime. © 2025 Benzinga.com. Benzinga does not offer investment advice. All rights reserved.
