Kraken is Acquiring Futures Platform NinjaTrader for $1.5B
The mega deal will serve Kraken's ambitions to expand beyond crypto.
Kraken has acquired U.S. futures platform NinjaTrader for $1.5 billion in a landmark deal merging crypto and traditional finance, aligning with Kraken’s goal to create a multi-asset trading ecosystem.
What’s the Scoop?
- Largest Crypto-TradFi Deal: Kraken has agreed to acquire U.S. futures platform NinjaTrader for $1.5 billion, marking the largest merger between a crypto and traditional finance company.
- 24/7 Multi-Asset Platform: The acquisition accelerates Kraken’s ambition to provide a unified platform for crypto, futures, equities, and payment services.
- NinjaTrader Expansion: NinjaTrader will operate as an independent platform under Kraken, leveraging its global licenses to broaden its reach while integrating crypto futures and derivatives.
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