Kraken Exchange to Acquire NinjaTrader in $1.5B Deal to Expand Trading

Kraken Exchange Nears $1.5 Billion Deal to Buy NinjaTrader

It is set to buy NinjaTrader for $1.5 billion. This will help the exchange grow in the crypto futures and derivatives market. The deal allows it to offer regulated futures trading in the US, making it a stronger multi-asset platform. With their customers and regulatory approvals, this is a big step in its expansion.

This will expand the services of both platforms. Crypto futures and derivatives are popular, and this deal helps it to serve more traders. NinjaTrader also supports its goal of becoming a top exchange platform .

NinjaTrader is a registered Futures Commission Merchant (FCM). This means it can offer futures trading in the US. By buying this new platform, it can offer futures trading. It also helps to avoid regulatory problems.

Kraken Growth Strategy

The acquisition fits its plan to expand across different asset classes. The company is already working on equities and payments. This deal will also help NinjaTrader enter new markets in the UK, Europe, and Australia.

NinjaTrader will benefit from its regulatory approvals. The kraken has an EMI license from the UK’s FCA, helping this new platform to enter the UK market. It also has a MiFID license to offer crypto derivatives in the EU. These approvals make it a strong partner for Ninja Trader’s global expansion.

Kraken’s Market Position

it is a top crypto exchange. In 2024, it earned $1.5 billion and had $665 billion in trading volume. It has 2.5 million funded customer accounts. Over 1.8 million traders worldwide use Ninja Trader’s tools.

In the last three months, this has ranked among the top 15 crypto exchanges by spot trading volume. It handles between $390 million and $4.4 billion in daily trades, according to CoinGecko. This strong financial position ensures that it can complete the Ninja Trader acquisition smoothly.

Regulatory Challenges and Wins

Kraken has had regulatory issues in the U.S. The SEC sued it for operating as an unregistered exchange. The case was dismissed on March 3. It faced no penalties and admitted no wrongdoing.

This legal victory strengthens its confidence as it expands. The company had already worked to meet regulations. By buying NinjaTrader, it plans to grow while following U.S. financial laws.

What's Next?

Kraken's purchase of Ninja Trader is a big move for its growth. By entering the crypto market, it is setting up for long-term success.

This deal will help it offer more products and attract new customers. It also helps Ninja Trader grow globally and expand its reach.

With strong finances and a focus on compliance, the exchange is set to grow even more. This deal could change trading in the U.S. and beyond, making it a major player in derivatives.