According to Businesswire, the cryptocurrency exchange Kraken announced that it will launch commission-free trading services for over 11,000 U.S.-listed stocks and ETFs for the first time to customers in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama, and the District of Columbia.

Afterward, the service will be gradually rolled out across the United States in phases, covering all eligible U.S. customers.