0
0
News

Kraken is Acquiring Futures Platform NinjaTrader for $1.5B

The mega deal will serve Kraken's ambitions to expand beyond crypto.
0
0
Mar 20, 20251 min read

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.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.