Following this partnership announcement, Alpaca will be able to extend its existing regulated crypto spot trading capabilities by integrating Kraken Embed and Kraken’s Crypto-as-a-Service (CaaS) solution.
This move is anticipated to offer Alpaca’s partners secure and efficient access to various cryptocurrencies through Kraken’s comprehensive global liquidity and institutional-grade infrastructure, all through Alpaca’s unified Broker API.
Both companies will concentrate on fulfilling the needs, preferences, and demands of their clients in an ever-changing market while also adhering to regulatory requirements and industry laws.
According to the official press release, Kraken’s robust liquidity and extensive network of regulatory licenses will provide Alpaca’s partners with access to strong markets and efficient execution. Combined with Alpaca’s regulatory licensing and infrastructure, this partnership is expected to deliver a seamless, secure, and all-in-one trading solution for multi-asset integration that makes it easy for clients to incorporate equities and crypto into their applications without extensive engineering effort.
Moreover, the collaboration is currently operational in the United States and plans are in place for expansion into Canada, the European Union, and the UK. The roadmap also includes additional services such as staking and crypto derivatives to support a growing user base interested in cryptocurrencies.
More details on the Kraken x Alpaca partnership
Through Kraken Embed, financial institutions will have the chance to provide compliant end-to-end crypto solutions without managing complex infrastructure, which is expected to make it faster and easier to meet increasing user demands.
