Expanding Trading Capabilities
Following the announcement, this collaboration will enable Alpaca to enhance its existing regulated crypto spot offerings and introduce trading features through Kraken Embed and Kraken’s Crypto-as-a-Service (CaaS) solution.
Secure and Efficient Access
The partnership is expected to provide Alpaca’s partners with secure and efficient access to a variety of cryptocurrencies, powered by Kraken’s extensive global liquidity and institutional-grade infrastructure. This will all be facilitated through Alpaca’s unified Broker API.
Regulatory Compliance and Client Needs
Both companies will work together to meet the evolving needs, preferences, and demands of their clients while prioritizing compliance with relevant industry regulations.
Kraken x Alpaca Partnership Details
According to an official press release, Kraken’s deep liquidity and global network of regulatory licenses will offer Alpaca’s partners robust market access and efficient execution. This partnership is set to deliver a seamless, secure, and full-service multi-asset trading solution that minimizes the engineering effort required for clients to integrate equities and crypto into their applications.
Future Expansion
The collaboration is currently active in the United States with plans to expand to Canada, the European Union, and the United Kingdom soon. Additionally, the roadmap includes further offerings such as staking and crypto derivatives, designed to cater to a growing user base for cryptocurrencies.