Kraken Strengthens U.S. Presence with $1.5B NinjaTrader Acquisition

Kraken has announced its agreement to acquire NinjaTrader, a prominent U.S. retail futures trading platform, for $1.5 billion, thereby enhancing Kraken's status as a leader in multi-asset trading. This acquisition not only allows Kraken to provide U.S. crypto futures but also facilitates NinjaTrader’s global expansion with access to various regulatory licenses. By integrating advanced trading tools and liquidity from both companies, this merger aims to revolutionize the professional trading environment by melding traditional finance and cryptocurrency ecosystems.

Source: blog.kraken.com