# Kraken Acquires Prop Trading Platform Breakout

*Author: Bankless*
*Published: Sep 5, 2025*
*Source: https://www.bankless.com/read/kraken-acquires-prop-trading-platform-breakout*

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Crypto exchange Kraken has acquired proprietary trading firm Breakout, [The Block](https://www.theblock.co/post/369612/kraken-breakout-acquisition) reports.

### What’s the Scoop?
- **Funded accounts model:** Breakout offers qualified users up to $100,000 in trading capital per account (or $200,000 across multiple accounts) with no upfront capital, as long as they pass risk-controlled assessments. Traders can retain up to 90% of their profits.
- **CT founder team:** Breakout was launched in 2023 by well-known industry traders TraderMayne, CryptoCred, Alex Miningham, and Abetrade. 
- **Kraken integration ahead:** Breakout will be integrated into Kraken Pro over time. Co-CEO Arjun Sethi described the move as a shift toward capital allocation based on “proof of skill,” emphasizing the platform’s transparency and scalability for serious traders.